Conclusion of contract pertaining to the disposal of real property by the Company

The Management Board of Polimex-Mostostal S.A. with its registered office in Warsaw at ul. Czackiego 15/17 (hereinafter referred to as the "Company") informs of conclusion on 10 December 2013 of the contract transferring the perpetual usufruct right to the real property and the ownership of the buildings constituting separate real properties between the Company as a seller and Molina Sp. z o.o. 6 S.K.A. as a buyer, where the subject of sale is the perpetual usufruct right to the real property of the of the area of 5,856 m2 and property right to the hotel building of the floor space of 2,332 m2, real properties located in Warsaw for the gross price of PLN 6,200,000 (“Promised Contract”).

Promised Contract was concluded as a result of fulfilment of the conditions (and waiving of one of them and a part of the second one by the buyer) provided in the Conditional Sale Contract of the land property and hotel building, of the conclusion of which the Company informed in current report no. 155/2013 of 1 November 2013.

According to the Promised Contract, the price was paid by the buyer to the escrow account of the seller, whereas the seller is obliged to release the subject of the Promised Contract (transfer the ownership and use to the real property) to the buyer not later than on the day of its conclusion.

The conclusion of the Promised 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 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.