Conclusion of annex to material contract (Opole project).

The Management Board of Polimex-Mostostal S.A. with its registered office in Warsaw (hereinafter referred to as the ‘Company’) hereby informs that on 11 October 2013 the Company and PGE Górnictwo i Energetyka Konwencjonalna S.A. (formerly PGE Elektrownia Opole S.A.) (hereinafter referred to as the ‘Ordering Party’) as well as Rafko S.A. and Mostostal Warszawa S.A. acting jointly with the Company as a consortium of companies (hereinafter collectively referred to as the ‘General Contractor’) concluded an annex to the contract regarding construction of power units no. 5 and 6 at Opole Power Plant dated 15 February 2012 (hereinafter referred to as the ‘Contract’) which the Company notified of in current reports no. 8/2012 dated 15 February 2012, no. 64/2013 dated 16 May 2013 and no. 111/2013 dated 14 August 2013. Pursuant to this annex, Alstom Power sp. z o.o. (hereinafter reffered to as "Alstom") was added to the list of subcontractors preffered by the General Contractor. Furthermore, the Parties have specified the terms and conditions of paying out the second instalment of the advance payment to the General Contractor by the Ordering Party. The General Contractor has contracted to deposit the first instalment of advance payment on the escrow accounts of each of the consortium members, where the first instalment of the advance payment shall be delivered to the General Contractor by the Ordering Party, after the Ordering Party has received the advance payment guarantees, constituting the total joint amount of the first and the second instalment of the advance payment. Legal basis of the current report: Art. 56 sec. (1) (2) of the Act on Public Offering.

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