TARIFF

Item’s tariff	Type of service	Brokerage commission	Stock exchange commission	CDHV commission	Total
1.	2	3	4	5	6
1.	Trading with shares through Macedonian stock exchange, in the name and account of legal entities and individuals (the value of the commission is calculated cumulatively with usage of these items).
	- For trading amount to 1.000.000,00 MKD	0,90	0,20	0,10	1,20
	- For trading amount from 1.000.001,00 to 5.000.000,00 MKD	0,40	0,05	0,10	0,55
2.	Buying of shares/parts from Privatization Agency of R.M. by public stock exchange auction: - Minimal brokerage commission for unrealized/broken contract	To 1% according to the contract 8.000,00 MKD	By the tariff of Macedonian Stock Exchange	0,10
3.	Block transactions:
	-Block transactions to 20.000.000,00 MKD	60.000,00 денари	0,25	0,10
	-Block transactions from 20.000.001,00 to 50.000.000,00 MKD	0,50	0,15	0,10	0,60
	-Block transactions from 50.000.001,00 to 100.000.000,00 MKD.	0,30	0,075	0,10	0,475
4.	Commission for creating of documentation and execution of tasks outside stock exchange on the basis of trading of control block.	According to the contract* 2%
5.	Trading with government bonds and convertible certificates.	0,75	0,25	0,10	1,10
6.	For unrealized order or because of the breaking of the contract.	According to the contract* min 300,00 MKD.
7.	Listing (depending on documentation and size of the company).	From 50.000,00 MKD to 350.000,00 mkd+18%VAT	100.000,00 mkd+18%VAT
8.	Creating of documentation for registration of capital gain (or according to the contract*)	300,00 MKD.

* The commission (according to the contract) can be decreased or increased with voice deal with the client.
** The commission by the item No. 5 is regulated with decision by the Committee For Securities, and the same is 1,10% (0,75% for the brokerage house, 0,25% for the stock exchange and 0,10% for CDHV).