Conclusion of a conditional real estate sale agreement

Article 56 (1)(1) of the Act on Public Offering – confidential information

The Management Board of Polimex-Mostostal S.A. having its registered address at al. Jana Pawła II  12 (hereinafter referred to as the "Company") hereby informs that, on 08.06.2016, the Company, acting as the Seller, and Piwnice Win Importowanych VINFORT spółka z ograniczoną odpowiedzialnością having registered address in Kraków, acting as the Buyer, concluded a conditional real estate sale agreement. The subject matter of the agreement is the right of perpetual usufruct of real estate and ownership right to buildings, structures and devices located thereon, situated in Kraków, Małopolska Voivodeship, for which the District Court for Kraków - Podgórze, 4th Land and Mortgage Register Division, keeps a land and mortgage register under KW no. KR1P/00212731/7 (hereinafter referred to as the "Real Estate") (hereinafter referred to as the "Conditional Agreement”).

In accordance with the Conditional Agreement, the total price of the Real Estate amounts to 3,285,000.00 zlotys net plus VAT due at the current rate of 23% (hereinafter referred to as the "Price").

The agreement transferring ownership of the Real Estate (hereinafter referred to as the "Transfer Agreement”) will be concluded depending on whether the condition stipulated in the Conditional Agreement is met, i.e. whether documents issued by all encumbrancers holding security interests in the form of mortgages, including their permits for release from all mortgages, as well as removal of the mortgages form land and mortgage registers, are provided by 31 August 2016.

The Parties have reserved the right to withdraw from the Conditional Agreement by 31 August 2016 to the benefit of both Parties in the circumstances indicated in the Conditional Agreement.

The Conditional Agreement shall be automatically terminated after 31 August 2016 unless the condition is met.

The Agreement is signed as part of the operational restructuring communicated by the Company in current report no. 130/2012 concerning the conclusion of an agreement on the rules for servicing the Company's financial debt with financial creditors and constitutes the performance of the Company's obligations resulting from the annex to the agreement on the rules for servicing the financial debt about which the Company informed in detail in current report no.  150/2013 of 25 October 2013.