Changes to the structure of stock ownership of Polimex-Mostostal S.A

The Management Board of Polimex-Mostostal S.A. with its registered office in Warsaw at ul. Czackiego 15/17 hereby informs that it received from ING Powszechne Towarzystwo Emerytalne S.A. [General Pension Society], acting in accordance with Article 69 of the Act of 29 July 2005 on Public Offering and the Conditions for Introducing Financial Instruments to the Organised Trading System, and on Public Companies, a notification of an increase in the share of ING Otwarty Fundusz Emerytalny [Open-End Investment Fund] in the total number of votes at the General Meeting of Polimex-Mostostal S.A.

The reason for the change in the share in the total number of votes at the General Meeting of Polimex-Mostostal S.A. was an acquisition of the Company’s shares in the transactions settled on 29 November 2011.

Prior to the transaction settlement, ING OFE owned 52,046,731 shares of Polimex-Mostostal S.A., which constituted 9.99% of the Company’s business capital and entitled in total to 52,046,731 votes at the General Meeting of Polimex-Mostostal S.A., which constituted 9.99% of the total number of votes at the General Meeting of the Company.

Following the conclusion and settlement of the aforementioned transaction, as of 2 December 2011, ING OFE owns 52,655,519 shares of Polimex-Mostostal S.A., which constitutes 10.10% of the Company’s business capital and entitles in total to 52,655,519 votes at the General Meeting of Polimex-Mostostal S.A., which constitutes 10.10% of the total number of votes at the General Meeting of the Company.

In the coming 12 months ING OFE does not exclude the possibility of an increase or decrease in the number of owned shares depending on the market situation and functioning of the Company. The purpose of the acquisition of the Company’s shares is the investment of the funds within the investment activity of the Fund.