Investment underwriting agreement concluded with BRE Bank S.A. Investment House

Legal basis: Article 56  (1) (1) of the Act on public offer – confidential information. The Management Board of Polimex-Mostostal S.A. informs that on 31 January 2011, the Issuer concluded with BRE Bank S.A. Investment House ( ‘DI BRE’ or ‘Underwriter’) an investment underwriting agreement (‘Agreement’). Pursuant to the provisions of the Agreement, the Underwriter has undertaken to take up - 879 series K ordinary bearer stocks  issued as a result of the merger of Polimex-Mostostal S.A. and Energomontaż-Północ S.A., Nafroremont Sp. z o.o., ZRE Kraków Sp. z o.o., ZRE Lublin S.A., EPE Rybnik Sp. z o.o. and ECE Remont Sp. z o.o., - 382 series L ordinary bearer stocks issued as a result of the merger of Polimex-Mostostal S.A. and Naftobudowa S.A., which have not been allotted to the stockholders of the merging companies due to the parity exchange rate applied. The Underwriter subscribed for and paid for the aforementioned series K stocks on 1 February 2011. The payment was defined as a product of the number of the new series K stocks subscribed for and of the issue price equivalent to the price of the new series K stock determined for the purpose of additional payments in cash. The Underwriter subscribed for and paid for the aforementioned series L stocks on 1 February 2011. The payment was defined as a product of the number of stocks of the new series L subscribed for and of the issue price equivalent to the price of the new series K stock determined for the purpose of additional payments in cash. The issue price of the new series K and L stock determined for the purpose of additional payments in cash is equivalent to the arithmetical mean of the price of one Polimex Mostostal S.A. stock on 30 (thirty) consecutive days of quotation on the GPW primary market, in accordance with the closing price in the continuous trading system, preceding the Reference Day, and amounts to PLN 4.04.