Conclusion of an Annex to the Multipurpose Credit Limit Agreement with Polbank EFG Spółka Akcyjna

The Management Board of Polimex-Mostostal S.A. with its registered office in Warsaw at ul. Czackiego 15/17, with reference to the current report no. 59/2011 published on 5 October 2011, hereby informs that on 20 January 2012 it received, as signed by Polbank EFG Spółka Akcyjna, Annex No. 4 to the Multipurpose Credit Limit Agreement.

Pursuant to the aforementioned Multipurpose Credit Limit Agreement, Polimex-Mostostal S.A. shall issue bank guarantees up to the amount of PLN 100,000,000.00. Pursuant to the Annex concluded, the Contract validity period has been extended by one year, i.e. orders may be placed by 4 January 2013 and the last day of crediting shall fall on 4 February 2021.

The amount of commission has been renegotiated whereas the security of the aforementioned Agreement as well as other charges have remained on the unchanged level that has been agreed upon on market terms.

The value of the Issuer's equity capital has been assumed to be the criterion for considering the Contract to be material.