Updated information in current report no. 89/2014

With reference to the current report no. 89/2014 dated July 3rd the Management Board of Polimex-Mostostal S.A. with its registered office in Warsaw at ul. Młynarska 42 ("Company") hereby informs about the following additions to the said report:

i.        the opinion of the Management Board of the Company justifying the reasons for the revocation of the pre-emptive right to convertible bonds and series S shares, the manner of determination of convertible bonds issue price and the proposed conversion price of convertible bonds and the issue price of series S shares.

This opinion was delivered in connection with the draft resolution no. 6 of the Extraordinary General Meeting of Polimex – Mostostal S.A., scheduled for 31.07.2014, with respect to the bonds convertible to series S shares and the conditional increase of the share capital by issuing series S shares, the revocation of the pre-emptive right to convertible bonds and series S shares and with respect to amendments to the Articles of Association.

and

ii.        the opinion of the Management Board justifying the reasons for the revocation of the pre-emptive right to series R shares and the proposed issue price of series R shares.

This opinion was delivered in connection with the draft resolution no. 5 of the Extraordinary General Meeting of Polimex – Mostostal S.A., scheduled for 31.07.2014, with respect to the increase of the Company’s share capital, with exclusion of the pre-emptive right of the current shareholders of the Company, by issuing series R shares.

The full text of the Management Board's opinion is enclosed to this current report.