Conclusion of a conditional sale contract of the Issuer’s real estate

The Management Board of Polimex-Mostostal S.A. with its registered office in Warsaw at ul. Młynarska 42 („Company”) informs that today a conditional sale contract of real estate was concluded between the Company as the Seller and Molina spółka z ograniczoną odpowiedzialnością 1 spółka komandytowo-akcyjna with its registered office in Warsaw as the Buyer. The subject of the contract is the undeveloped real estate located in Siadło Dolne, the Kołbaskowo municipality, the Police County, West Pomeranian Voivodeship, for which the District Court for Szczecin - Prawobrzeże i Zachód in Szczecin, XI Land and Mortgage Register Division, with its registered office in Police, maintains a land and mortgage register under KW No. SZ2S/00015272/4, KW No. SZ2S/00034689/9, KW No. SZ2S/00034690/9, KW No. SZ2S/00034691/6, KW No. SZ2S/00034692/3, KW No. SZ2S/00034693/0 and KW No. SZ2S/00034694/7 (“Real Estate”) (“Conditional Contract”).

Pursuant to the Conditional Contract, the total net price for the Real Property amounts to PLN 6,500,000 and the total gross price - PLN 7,995,000 (“Price").

The transfer of ownership agreement ("Transfer Agreement") is dependent upon fulfilling the conditions stipulated in the Conditional Contract, such as: (i) receiving all replies from the Municipal Office of Kołbaskowo and the West Pomeranian Voivodeship Office to the request regarding reprivatisation claims, provided that in those replies there is no information on the existence of such claims; (ii) providing the Buyer with documents issued by all mortgagers who own mortgages, including their consent to exempt the Subjects from all mortgages and to remove these mortgages from land and mortgage registers; (iii) obtaining financing as a result of which the Buyer obtains funds to pay the conditional price stipulated in the Conditional Price Contract; (iv) concluding with the Buyer an agreement concerning the transfer of property rights belonging to the Seller for design documentation for buildings which are to be located on those Real Estates.

The parties agreed on an automatic termination of the Conditional Contract as of the end of 31 March 2015 in the case the abovementioned conditions are not fulfilled (and the Buyer does not renounce its obligation to fulfill them).

The conclusion of the Conditional Contract is an element of operational restructuring realisation, of which the Company informed in current report no. 130/2012 on conclusion with financial creditors of the Agreement on the principles of managing the financial debt of the Company and it constitutes the performance of the Company's liabilities resulting from the annex to the Agreement on managing the financial debt, of which the Company informed in detail in current report no. 150/2013 dated 25 October 2013.