To: Securities and Exchange Commission of the Rol 26 Diminja Cupovski, 1000 Skopje Date: May, 2012 Subject| Annual Report forthe year 2011 Dear Sirs/ Madarns, Pursuant to Articles 154, 160 and 164 of the Law on Soeuritis, related to the annul reporting obligation of Makedonski Telekom AD - Skopje for 2011, enclosedis the complete material for ‘the annual reporting for 2011 which includes: 1, Annual teporting of Basic Data of Makedonski Telekan AD Skopje fr the year 2011; 2. Audited Financial Statements of Makedonski Telekam AD ~ Skopje forthe year ended 31 December 2011 in accordance wih the international Financial Reporting Standards (iFRS); 3. Audited Consolidated Financial Statements of Makedonsk Telekom AD ~ Skopje for the year ended 31 Dacomber 2011 in accordance with the IFRS; 4. Annual report on the operations ofthe Group of Makedonski Telekom AD)- Skopje in 2011; 5. Statement for info accuracy, In accordance with the respective by-laws, the complete material fr the annual reporting for 2011 shall be posted in an electonic format on the website ofthe Securities and Exchange Commission through the respective module, Yours faithtuly, ape ee so Maxanoncren Ten Tenokou | Selous QV I MV astesia. Olver Kosturanov Ags amram pour Daniel Szase President of tne Board of Directors, Chief Executive Officer atc Yan Sho Gli onceTo: Date: May 2012 ‘Securities and Exchange Commission of the RoM ‘Subject: Annual Reporting of Basic Data of Makedonski Telekom AD - Skopje forthe year 2011 General data ese ofthe company TMAKEDONSKI TELEKOM JOINT STOOK COMPANY FOR ELECTION COMMUNICATIONS -SKOPIE [Rade oe roger oes (Ore itor Ba Sono Teleplone and ie 3100700;3100300 Email edocs Horta Stclekom mk URL ads ever 2. Logalstaus ‘Registration number 5168660 [Retiity code. B10 | Acids descigfon an ac) wie kos oceans ‘Decision number from the Contal Regisry (06:0 /3843/1 dated | 1.052006 ‘That estanicmant (ay montane yar) 701.2001 ttersformation end division) Nmiber of branch fess 29.01 2001 (Pvalzeion and change of he companys tats roma ‘med joint stock company fr tlecommunicatons Makexianst Telokomurikoci ~- Skopj int Joint Stock Compary fox ‘eecommunications NekedonskiTelekomunkact -Skooie = 05,03.1998 (Transtoemaion athe puble enforce for ‘elecormmunications NakedonsK Telehomunkacii CO. Skopiintoe state ‘ned joint tock company fr tlecorumurications Makes Telokomurikeci Skopie, 12.08.1007 (Eaablihmore erganizaion ots puble america or | elocommunitions NekodontkiTelakomunkaci CO. Skopjo Te | ‘Stats changes of he campany acquision, ergo, t if Number of erployoos at he end ot yoar Tats | Management ystern © Onetir (Ope ter Two |TRame an lat name of ho procure Mader Telsom AD Shape factness Cr Man bs 0 Shope Macedonia $28 2 1100900 Fae 4389 2 3100 00; Contr emer 171 a LorwehGhackon wilemia See i Shope ‘3. Data on the capital and changes of the capital of the company (Tetalvave of theshore capital 9,508,387, 733.00 MKD. 35 608,700 | Has a share isu been pefonnedin the vespecive pamed ofthe shares of the int stock comaany 1 100.00 MKD joe ordinary share and 9,739.00 WKD per prefaience share Wo Type ol shere issue. Z Number issuod shares oO = Total valu of issued shares, Z - ‘as a spit of shares of the joint took company baon srformed inthe patiod and dat relating thereto 4 lumber ofshareholdors atthe ond ofthe year EO Number and pecentage ol weasuryoxinary nd proference sharosin tho share capeal an host ay cf the yer percentage rounded upto two decimals) Data onthe purse of treasury shares by the pant siock compa + date and manner of purchase legal basis for purchase 8,585,878 ordinary weasury shares (10.0096 othe ttl ruber of ics! shares of MakedonskiTelokom-AD Skopi) ‘tthe Goverment auion / rogue Wading held Wem 9° IGT ol knw 2006 ‘the Compery purchased 10.00% ol he Governmertsharehaing in Makedensk’ Telkom AD- Skopjo The treasury shares nore purchased in accordance with Resolubon No. 021 98576/! of he Company's Sharenoldas! Asem ‘wry 583,878 1 ‘Out 9.583878 purchasodwoasuy shares, 9/88040 shares wor purSvace roe porchare {ors price of MKD 989 and 95,638 shares were purchased for a price ol MKD | Deta on ery signlicant changos thet have boon part ofthe | prospectus [especially daa onthe egal financial and | business oporation ofthe cua, invoctront ik and ight | arising trom:ne stores securing he part zoce [company has issued a prospectus inte last 12 months Imometons rericaten numero the shares issued By [te Company ~ SIN number ‘Account )/Wansacton acccunt e)ofthe ort tock | company ane the leo theinstzuen heging i som AD~ Shep 200 Fae 288 390 Makedoreki Telakom AD. Skopjohas ntissued.e prospects, (Ordinary sheros MKMTSK101019; Preference shares MKMTSK121017 | oono00907 47376, Stopanska banka AD Skopjo 200000025661051, Storanska banka AD -Skonje