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Acquisition of shares of Podravka d.d.

Pursuant to
the provisions of the Capital Market Law and the Rules of the Zagreb Stock
Exchange, we hereby inform you that Mr. Miroslav Repić, Podravka d.d.
Management Board member from Koprivnica, acquired 183 shares of Podravka d.d.
purchasing them at the Zagreb Stock Exchange on 
November 14th 2011.

The acquired
shares comprise 0,0034% of the share capital and provide 0,0035% votes at the
General Assembly.

The shares
were purchased at the price of HRK 249,50
per share.

After this
acquisition Mr. Miroslav Repić owns 294 shares, comprising 0,0054% of the share
capital and provides 0,0056% votes at the General Assembly.