With reference to the initiated second buy back procedure of own shares of EUROTERRA BULGARIA Plc. Based on a resolution of the company’s Board of Directors as of 10.02.2011, we would like to announce that in May, 2011 EUROTERRA BULGARIA Plc has not bought back company’s own shares. The total number of the own shares hold by EUROTERRA BULGARIA Plc by 31.05.2011  is 514 444 shares at the average price of BGN 10.45 per share.