Selection of entity entitled to audit financial statements.

The Management Board of Polimex -Mostostal S.A. with its registered office in Warsaw at ul. Czackiego 15/17 hereby informs that on 19 May 2011 the Supervisory Board of the Company, acting on the basis of § 38 item 10 of the Company’s Articles of Association, chose Ernst & Young Audit Sp. z o. o., with its registered office in Warsaw (00-124 Warsaw) at Rondo ONZ 1, entered into the list of entities entitled to audit financial statements kept by National Chamber of Statutory Auditors under the number 130, with the purpose to:

1) review financial statements for the first half year of 2011:

            individual financial statements of Polimex-Mostostal S.A.

            consolidated financial statements of the Polimex-Mostostal Capital Group,

2) audit financial statements for the 2011 financial year:

            individual financial statements of Polimex-Mostostal S.A.

            consolidated financial statements of the Polimex-Mostostal Capital Group.

The scope of audit services of Ernst & Young Audit Sp. z o.o., commissioned by the Issuer in the previous years, included a review of half-year financial statements and verification of annual financial statements for financial years 2005-2010 of:

- Polimex-Mostostal S.A.

- Polimex-Mostostal Capital Group