Company Hoteli Makarska d.d.

Hoteli Makarska dd is a Croatia-based company engaged in the tourist industry. As of June 19, 2011, the Company operated three hotels located in Makarska tourist resort: Hotel Meteor, a four-star hotel with 277 rooms; Hotel Dalmacija, a three-star hotel with 190 air-conditioned rooms with satellite television and telephones, and Hotel Rivijera, a two-star hotel with 258 rooms. The rooms are also equipped with mini-bars. Hotels comprise swimming pools, restaurants, cafe bars, souvenir shops, newsagents and other recreational facilities. In addition, the Company operated three centers: tennis, congress, as well as wellness and fitness.