Conclusion of an agreement on transferring the property right to the real property

With reference to the current report no. 15/2015 dated 23.01.2015, the Management Board of Polimex-Mostostal S.A. with its registered office in Warsaw at ul. Młynarska 42 („Company”) informs that today an agreement on transferring the property right to the real property was concluded between the Company as the Seller and Molina spółka z ograniczoną odpowiedzialnością 1 spółka komandytowo-akcyjna with its registered office in Warsaw as the Buyer. The subject of the contract is the developed real property located in Siadło Dolne, the Kołbaskowo municipality, the Police County, West Pomeranian Voivodeship, as well as sale and establishment of a separate ownership of premises located within the territory of those real properties.

The conclusion of the transferring agreement was dependent on meeting the conditions provided for in the agreement. Those conditions has been met today.

The net price for the real properties as well as for sale and establishment of a separate ownership of premises located within the territory of those real properties amounts to PLN 8.250.000 (i.e. gross price amounts to PLN 9.059.625).

The agreement 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.