The capital of IC “Euroins” Jsc is increased by Resolution of the General Meeting of the Shareholders held on 06.06.2005 from 4 million BGN to 5 million BGN by issuance of 1 million new voting shares with nominal value of 1 BGN each. New shares have been subscribed by their current shareholders – “Starkom Holding” Jsc and “Eurohold” Jsc, proportionally to their current participation in the capital. Part of the increase, amounting to 690 000 BGN, is covered by the accrued balance profit as of 31.12.2004. The rest of the increase, amounting to 310 000 BGN, is made by contributions in cash by both shareholders. By Resolution of the Supervisory Board, dd. 03.06.2005, Asen Minchev Minchev was elected as a physical person member of the Managing Board of the company. So far he has been representative of the legal entity “Del Crede” EOOD for implementation of its obligations in the Managing Board. By Resolution of the Managing Board, dd. 01.06.2005, Fany Lyubenova Mincheva, current chief-accountant of the Company, was empowered to the position of Procurator.