Liquidation of a subsidiary

The Management Board of Polimex-Mostostal S.A., with reference to the report no. 13/2009, informs thattoday, in connection with the filing of an application for liquidation of the subsidiary Polibur EngineeringLimited with the registered office in Great Britain, it received information about the completionof the liquidation procedure at 9th March 2010. Polimex-Mostostal was the holder of 100% of sharesin this company. The liquidation process was carried out in accordance with a simplified procedureconducted before the Companies House, Crown Way Cardiff CF14 3UZ (British equivalent of the Polishcourt division, the National Court Register). The liquidation of Polibur Engineering Limited will not havea negative impact on financial results of Polimex-Mostostal S.A.

Legal grounds: Article 56 section 1 point 1 of the Act on Public Offering and Conditions GoverningIntroduction of Financial Instruments to Organised Trading System and on PublicCompanies.