Disposal of shares in a subsidiary company

The Management Board of Polimex-Mostostal S.A. with its registered office in Warsaw at ul. Czackiego 15/17 ("Company") informs of conclusion on 10 December 2013 of the contract for disposal of shares of Energop 
Sp. z o.o. between the Company as a seller and Mars – Fundusz Inwestycyjny Zamknięty represented by MS TFI S.A. as a buyer for the price of PLN 25,295,952.

According to the contract, 90% of the price, i.e. the amount of PLN 22,766,356.80 shall be paid by the buyer not later than 5 business days from the day of conclusion of the contract, whereas the remaining amount of PLN 2,529,595.20 on the first business day falling after 30 September 2014, however the deferred part of the price will be deductible, compressed or reduced on conditions provided for in the contract (for the contractual penalty, mutual settlement of receivables).