Confidential information - breach of material Agreement

With reference to current report no. 130/2012 of 21 December 2012 on the conclusion by Polimex-Mostostal S.A. (hereinafter referred to as the “Company”) with banks and bondholders (hereinafter referred to as the “Creditors”) of agreement specifying the terms and conditions of financing the Company by the Creditors (hereinafter referred to as the “Agreement”) as well as current report no. 150/2013 with regard to conclusion by the Company of the Annex 4 to the Agreement (hereinafter referred to as the “Annex”), the Management Board of the Company informs that as of 30 November 2013 there was a breach of the Agreement.

The breach of Agreement consisted in failure to take effect until 30 November 2013 of the increase of the share capital of Prinż-1 sp. z o.o. (a subsidiary company of the Company), the performance of which was an element of restructuring of Prinż-1 sp. z o.o. agreed between the Company and the Creditors in the Annex.

The most significant result of occurrence of said breach of the Agreement is the likelihood of termination of the Agreement by the respective majority of the Creditors.

The Company appealed to the Creditors for a consent for prolongation of the above-mentioned period until 31 December 2013.