Conclusion of a significant contract – increased cap for guarantees.

The Management Board of Polimex-Mostostal S.A. hereby informs that on 20 July 2010 it signed the Annex to the Debt Agreement with Raiffeisen Bank Polska S.A., whereunder the cap on the value of issued guarantees has been increased up to PLN 100,000,000.Final date to use the guarantee line – 31 July 2011.Collaterals for the guarantee line and the bank fees for issued guarantees have been defined on arm’s length basis. The guarantee line permits Polimex-Mostostal S.A. to issue guarantees with expiry up to 60 months.The contract is deemed major as its value exceeds 10% of the equity of the Company. Legal basis:    §5 section 1 item 3 in connection with §9 of the Ordinance of the Minister of Finance of 19 February 2009 on current and periodic information provided by issuers of securities and conditions of considering information required by regulations of a non-member state as equivalent (Dz.U. [Journal of Laws] 2009, No. 33 item 259).