Conclusion of the agreement on the right of perpetual usufruct of real property

The Management Board of Polimex-Mostostal S.A. with its registered office in Warsaw at ul. Młynarska 42, informs that on 19 November 2014 the Company as the Seller and Margo spółka z ograniczoną odpowiedzialnością with its registered office in Stalowa Wola as the Buyer concluded an agreement which: (i) transfers the right of perpetual usufruct of the land located in Stalowa Wola identified as a plot no. 1390/57 for which the District Court in Stalowa Wola VI Land and Mortgage Register Division maintains a land and mortgage register KW No. TB1S/00060813/0 ("Real Property 1") and (ii) sells the right of perpetual usufruct of the land located in Stalowa Wola identified as plots no. 1390/60, 1390/61, 1390/36, 1390/39, 1390/59, along with the ownership of buildings and structures which are situated therein and which constitute separate properties for which the District Court in Stalowa Wola VI Land and Mortgage Register Division maintains a land and mortgage register KW No. TB1S/00022661/1 ("Real Property 2") ("Agreement").

In accordance with the Agreement, the gross price for the Real Property 1 amounts to PLN 359,421.03, and for the Real Property 2 - PLN 3,884,078.97.

In accordance with the Agreement, the Company received part of the price for the Real Property 1 in the amount of PLN 17.971,05 and for the Real Property 2 in the amount of PLN 194.203,95 before the conclusion of the Agreement, whereas the remaining part of the price for the Real Property 1, i.e. PLN 341,449.98 and for the Real Property 2, i.e. PLN 3,689,875.02 has been transferred to the trust account and has become available after the conclusion of the Agreement.

The subjects of the Agreement shall be released to the Buyer until 24 November 2014.

The conclusion of the Agreement is an element of operational restructuring realisation, of which the Company informed in current report no. 130/2012 dated 22 December 2012 on conclusion with financial creditors of the Agreement on the principles of managing the financial debt of the Company and constitutes 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.