Conclusion of a subcontracting agreement

The Management Board of Polimex-Mostostal S.A. with its registered office in Warsaw at ul. Młynarska 42, 01-171 Warsaw (“the Company”) informs that today it obtained the information on  the conclusion of a subcontracting agreement with Polimex Energetyka Spółka z o.o. (“the Subconctractor”, “the Segment Company”). The subject matter of the agreement is the performance of construction works, deliveries and installation as part of the construction of denitrification and dedusting systems for the

OOG - 320 no. 2 and 3, and OOG - 420 no. 4 boilers, as well as works on boilers 1 and 5 at the Heat and Power Generating Plant PKN ORLEN S.A. in Płock, as part of the contract “Designing, delivery and installation in a “turnkey” system of denitrification and dedusting systems for boilers at the Heat and Power Generating Plant in the Production Plant of PKN ORLEN S.A.” (“the Contract”) concluded with PKN S.A. with its registered office in Płock (“the Ordering Party”) The total net value of the agreement amounts to 124,148,853.22 PLN.

The conclusion of the agreement constitutes performance of the Company's liability agreed upon with bondholders in the documentation of series A and series B bonds, about the issuance of which the Company informed in the current report no. 152/2014 dated 2 October 2014, regarding subcontracting the Segment Company for the execution of the Contract.