Conclusion of a significant contract
The Management Board of Polimex-Mostostal S.A. informs that on 30.06.2009 the followingwere concluded with Bank Ochrony Środowiska S.A.:
- Annex 1 to the Agreement regarding establishment of a commitment limit in the form of arevolving line for bank guarantees in the amount of 90,000,000.00 PLN (in words: ninetymillion PLN) and
- Annex 7 to the Overdraft Facility Agreement for the amount of 30,000,000.00 PLN (inwords: thirty million PLN).
Validity date of the guarantees issued shall not exceed 72 months of the issuance date.
Granted guarantee line validity date – 30 June 2010.
Credit line utilisation date – 3 July 2010.
Security of the guarantee line and credit agreement the amount of commission on theguarantees issued and the credit interest rate have been determined based on marketconditions.
The criterion according to which the agreement has been deemed significant is the value ofPolimex-Mostostal S.A. equity capitals.
Legal grounds: § 5 (1) (3) and § 9 of the Ordinance of the Minister of Finances dated 19February 2009 on current and periodical information provided by issuers of securities andterms of deeming information required by the regulations of a non-Member State equivalent(Journal of Laws of 2009, no. 33, item 259).