Decision on the Manner of Using the Collections of Commemorative Montenegrin Coins Issued on the Occasion of Celebrating the Centenary of Minting the First Montenegrin State Coins

Pursuant to Article 17 paragraph 1 point 2 of the Central Bank of Montenegro Law (OGRM 52/00, 53/00, 47/01), the Central Bank of Montenegro Council, at its meeting held on 29 May 2006, passed the following Decision on the manner of using the collections of commemorative Montenegrin coins issued on the occasion of celebrating the centenary of minting the first Montenegrin state coins Article 1 The commemorative coins issued on the occasion of celebrating the centenary of minting of the first Montenegrin state coins, established into collections in accordance with the Decision on Establishing the Collections of Montenegrin Commemorative Coins (OGRM 31/06), shall be used pursuant to the provisions herein. Article 2 The commemorative coins established as “Entire Montenegrin Coins Collection” and “Three Gold Coins and Three Silver Coins Collection” may be used for the representation by the following persons: President of the Republic of Montenegro, President of the Parliament of the Republic of Montenegro, President of the Government of the Republic of Montenegro, and the President of the Council of the Central Bank of Montenegro as presents handed over to the highest representatives of foreign states, governments, central banks, international financial organisations and other international organisations. Article 3 The fee for the use of the collections of Montenegrin coins referred to in Article 2 herein shall be as follows:

• For the entire Montenegrin coins collection (10 denominations) – 1,599.00 euro;
• For the collection (3 gold coins and 3 silver coins) – 1,569.00 euros Article 4 In addition to the collections referred to in Article 2 herein, other collections of Montenegrin commemorative coins may be purchased by domestic and foreign natural and legal persons directly in the Central Bank. The prices of the collections referred to in paragraph 1 above shall be determined in the Pricelist of the collections of commemorative Montenegrin coins, which is printed together with this Decision and makes an integral part thereof. Article 5 Separate records which contain gold coins shall be kept on the use of the collections referred to in Article 2 herein and on the collections sold under Article 4.

Article 6 Legal entities authorised by the Central Bank may sell the collections referred to in Article 4 herein that do not contain gold coins. Article 7 This decision shall enter into force on the eighth day following that of its publication in the Official Gazette of the Republic of Montenegro. THE COUNCIL OF THE CENTRAL BANK OF MONTENEGRO Decision number: CHAIRMAN Podgorica, 29 May 2006 GOVERNOR, Ljubiša Krgović, m.p.

Pricelist Collection of Commemorative Montenegrin Coins EUR 1 Three Gold Coins Collection 1,457.00 2 The Collection (one gold coin in denomination of 20 Perpers and one silver coin in denomination of 2 Perpers) 304.00 3 The Collection (one gold coin in denomination of 10 Perpers and one silver coin in denomination of 1 Perper) 196.00 4 One gold coin in denomination of 100 Perpers 1,123.00 5 One gold coin in denomination of 20 Perpers 275.00 6 One gold coin in denomination of 10 Perpers 171.00 7 The Three Silver Coins Collection 130.00 8 The Three Silver Coins and Four Alloys Collection 132.00 9 One silver coin in denomination of 5 Perpers 62.00 10 One silver coin in denomination of 2 Perpers 38.00 11 One silver coin in denomination of 1 Perpers 31.00 12 The Four Alloys Collection (1, 2, 10, 20 Para) 22.00