Adoption of a resolution by the Management Board - allocation of a subsidiary company's shares

The Management Board of Polimex-Mostostal S.A. with its registered office in Warsaw at ul. Czackiego 15/17 (“Company”)  hereby informs that on 1 July 2014 the Management Board of the Company adopted resolution no 73/14 with reference to the public subscription of shares of the subsidiary company Torpol S.A. ("Resolution").

In accordance with the Resolution, 15,570,000 (fifteen million five hundred seventy thousand) series A shares have been allocated in compliance with the rules of series A shares allocation published in the prospectus of Torpol S.A. approved by the Financial Supervision Commission on 13 June 2014.

The reimbursement of money to persons who have not been granted series A shares of Torpol S.A. or have been granted fewer series A shares than registered shall take place within time and in compliance with the rules defined in the Prospectus.