Conclusion of a conditional contract for the sale of real property

("the Company") informs of the conclusion on 19 February 2014 of a conditional contract transferring the right of perpetual usufruct of real property concluded between the Company as a seller and Molina spółka z ograniczoną odpowiedzialnością as a buyer, the subject matter of which is the sale of the right of perpetual usufruct of a real property located in Warsaw at ul. Czackiego 15/17 of the plot area of 0.0870 ha (KW no. WA4M/00192815/3) along with the building for the gross price of PLN 30,750,000 - "Conditional Contract".

The sale of the real property will take place upon fulfillment of several conditions provided for in the Conditional Contract, among others obtaining creditors' consent.  If all conditions are not fulfilled until 30.04.2014, the Conditional Contract shall expire. Pursuant to the Conditional Contract, the price shall be paid by the buyer to the escrow account of the seller.

The conclusion of the above-mentioned 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 consitutes 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.