Dismissal of the motion for a declaration of bankruptcy regarding the Issuer’s subsidiary company.

With reference to current report no. 66/2015 dated 2 June 2015, the Management Board of POLIMEX-MOSTOSTAL S.A. having its registered office in Warsaw (hereinafter referred to as the ‘Company’) hereby inform that on 10 September 2015 the District Court in Gliwice, XII Commercial Division  for bankruptcy and recovery proceedings (hereinafter referred to as the ‘Court’) decided to dismiss the motion for a declaration of bankruptcy involving liquidation of the assets of the Company’s subsidiary operating under the company name of WBP Zabrze Sp. z o.o. (Limited Liability Company) having its registered office in Gliwice (hereinafter referred to as the ‘Subsidiary Company’).

The motion was dismissed by the Court due to the fact that the assets of the Subsidiary Company is encumbered to such an extent that the remaining assets of the Subsidiary Company, in accordance with the analysis of the actual status and the value of the assets by the Court, will not suffice to cover the costs of bankruptcy proceedings; consequently, it was right of the Court to dismiss the motion for a declaration of bankruptcy regarding the Subsidiary Company.