Amendment of a conditional sale contract of real estate and of the right of perpetual usufruct of real estate

With reference to current report no. 25/2015 dated 03.02.2015, the Management Board of Polimex-Mostostal S.A. with its registered office in Warsaw at ul. Młynarska 42 („Company”) informs that on 23.04.2015 an agreement amending the conditional sale contract of developed real estates and a sale contract of the right of perpetual usufruct were concluded between the Company as the Seller and Molina spółka z ograniczoną odpowiedzialnością 5 spółka komandytowo-akcyjna with its registered office in Warsaw as the Buyer. The subject of the agreement is the above mentioned report (“Conditional Contract”).

The Conditional Contract was amended in such a way that the parties agreed on an automatic termination of the Conditional Contract as of the end of 30 June 2015 instead of 30 April 2015 in the case all of the conditions are not fulfilled (and the Buyer does not renounce its obligation to fulfill them). Consequently, the Buyer has the right to withdraw until 30 June 2015 instead of 30 April 2015.

Other provisions of the Conditional sale contract remain unchanged.

The conclusion of the Conditional Contract is an element of operational restructuring realisation, of which the Company informed in current report no. 130/2012 on conclusion with financial creditors of the Agreement on the principles of managing the financial debt of the Company and it constitutes the performance of the Company's liabilities resulting from the annex to the Agreement on managing the financial debt, of which the Company informed in detail in current report no. 150/2013 dated 25 October 2013.