Disclosure of assets

Article 70, item 1 of the Act on Public Offering - purchase or sale of a substantial package of shares

The Management Board of Polimex-Mostostal S.A. having its registered address in Warsaw at al. Jana Pawła II 12 has received today a letter from Bankowe Towarzystwo Kapitałowe S.A., having its registered office in Warsaw, reading as follows:

"Acting pursuant to Article 69 and Article 69b of the Act of 29 July 2005 on Public Offering and Conditions Governing the Introduction of Financial Instrument to Organised Trading and Public Companies (Journal of Laws of 2005 No. 184, item 1539, as amended, hereinafter referred to as the "Act"), Bankowe Towarzystwo Kapitałowe SA hereby informs you about a change in its share in the total number of votes in Polimex-Mostostal S.A. having its registered address in Warsaw (hereinafter referred to as the "Company").

Date and type of event resulting in the change in share referred to in the notice: 24 June 2016 - the Ordinance of the Minister of Finance of 7 June 2016 on the List of Financial Instruments comes into force and, as a result, Article 69b of the Act of 29 July 2005 on Public Offering and Conditions Governing the Introduction of Financial Instrument to Organised Trading and Public Companies starts to be applied.

Number of stocks held before the change in share                       441,458

Percentage share in the share capital of the company           0.510%

Number of votes attached to those stocks                       441,458

Percentage share in the total number of votes                  0,510%

Number of stocks held after the change in share             4,691,458

Percentage share in the share capital of the company                  5.416%

Number of votes attached to those stocks                       4,691,458

Percentage share in the total number of votes                 5.416%

Subsidiaries of the stockholder that has submitted the notice holding the company's stocks – n/a

Information on the persons referred to in Article 87, section 1, item 3, letter c of the Act - n/a

Number of votes, calculated in the manner specified in Article 69b, section 2 of the Act, attached to stocks that it is entitled or required to purchase as a holder of the financial instruments referred to in Article 69b, section 1, item 1 of the Act and in Article 69b, section 1, item 2 of the Act, which are not exercised only through financial transactions – 4,250,000

Type or name of those financial instruments– bonds convertible into stocks

Expiry date (redemption date) – 1 October 2019

Date or time limit for the possible purchase of stocks – an irrevocable statement on the conversion of bonds into stocks may be submitted by 30 September 2019

Number of votes, calculated in the manner specified in Article 69b, section 3 of the Act, attached to stocks to which the financial instruments referred to in Article 69b, section 1, item 2 of the Act are directly or indirectly related - 0

Total number of votes held before the change in share and of votes attached to stocks that it is entitled or required to purchase as a holder of the financial instruments referred to in Article 69b, section 1, item 1 of the Act and in Article 69b, section 1, item 2 of the Act – 4,691,458

Percentage share in the total number of votes - 5.416 %”