Confidential information - breach of material Agreement

With reference to the current report no. 130/2012 of 21 December 2012 on the conclusion by Polimex-Mostostal S.A. (the “Company”) with banks and bondholders (the “Creditors”) of agreement specifying the terms and conditions of financing the Company by the Creditors (the “Agreement”), as well as current report no. 186/2013 with regard to the consent of the creditors to postpone the deadline for performance of some liabilities the Management Board of the Company informs that as of 31 January 2014 there was a breach of the Agreement.

The breach of the Agreement consisted in default of payment by the Company to the Creditors being the party to the Agreement of the total interest on: (i) credits covered by the Agreement, (ii) receivables of bondholders covered by the Agreement and (iii) recourse claims due to the guarantees issued by the banks being party to the Agreement; the payment of which was due 31 January 2014.

The most significant result of occurrence of said breach of the Agreement is the likelihood of termination of the Agreement by each Creditor.

The Company appealed to the Creditors for a consent for prolongation of the above period until 30 April 2014.