Creditors’ consent to postpone the deadline for performance of certain obligations

With reference to current reports no. 75/2013 and 76/2013 of 1 June 2013 on breaches of an agreement (hereinafter referred to as the ‘Agreement’) specifying terms and conditions of financing Polimex-Mostostal S.A. with its registered office in Warsaw (hereinafter referred to as the ‘Company’) by banks and bondholders being a party to the Agreement (hereinafter referred to as the ‘Creditors’) and to current report no. 87/2013 of 21 June 2013 on discontinuance of the said breaches of the Agreement, the Management Board of the Company informs that it received the consent of the Creditors to a waiver of the rights arising from the occurrence of a breach of the Agreement involving (i) a failure to generate total revenues from the issue of series N1, N2 and O shares in the total amount of PLN 250 million and (ii) a failure on the part of the Company to conclude annexes to selected construction contracts in the period specified by the Creditors, i.e. until 30 June 2013. The Company was obliged by the Creditors to perform the aforementioned obligations by 31 July 2013. 
As of the date of this report, the breach of the Agreement of which the Company informed in current report no. 92/2013 of 29 July 2013 is continuing.