Accession of RBS Bank (Polska) S.A. to the agreement concluded with financial creditors and a statement of Bank BPH S.A.

The Management Board of Polimex-Mostostal S.A. with its registered office in Warsaw at ul Czackiego 15/17 (hereinafter referred to as the ‘Company’) informs that on 27 July 2012 it received information that on 27 July 2012 RBS Bank (Polska) S.A. acceded to the agreement regarding containment of enforcement of the Company’s liabilities, concluded by the Company and the banks financing its activity as well as bondholders on 24 July 2012, of which the Company informed in current report no. 52/2012 published on 25 July 2012 (hereinafter referred to as the ‘Agreement’). Accession of RBS Bank (Polska) S.A. to the agreement took place on terms identical with those on which the Agreement was acceded by the other creditors of the Company. Moreover, the Management Board of the Company informs that on 27 July 2012 it received information that on 27 July 2012 Bank BPH S.A. made a statement in which it undertook to amend the terms of the loan agreement with the Company in a manner that the financial indebtedness of the Company towards the Bank will be divided into eight equal monthly instalments, and it also undertook to refrain from enforcing the Company’s financial liabilities on condition of the Company and the Bank concluding an agreement amending the terms of the current loan agreement. Due to the occurrence of the foregoing events, the Agreement will not be anticipatorily terminated because of absence, by 30 July 2012, of: (i) Bank BPH S.A.’s commitment to amend the applicable loan agreement with the Company and (ii) accession of RBS Bank (Polska) S.A to the Agreement, circumstances which the Company notified of in current report no. 52/2012 as allowing for anticipatory termination of the Agreement.