In consequence, the nominal value of the conditional share capital of the Company, following the registration, is no more than PLN 1,317,300,000.

In accordance with the decision, the Court registered an amendment to the current wording of § 8a of the Company's Articles of Association:
Ҥ 8a
1. The conditional share capital of the Company shall amount to no more than PLN 717,300,000 (seven hundred and seventeen million three hundred thousand zloty) and shall be divided into no more than:
(a) 1,300,000 (one million three hundred thousand) ordinary bearer series O shares of PLN 10 (ten zloty) nominal value each;
(b) 430,000 (four hundred and thirty thousand) ordinary bearer series P shares of PLN 10 (ten zloty) nominal value each;
(c) 30,000,000 (thirty million) ordinary bearer series C shares of PLN 10 (ten zloty) nominal value each;
(d) 40,000,000 (forty million) ordinary bearer series D shares of PLN 10 (ten zloty) nominal value each.
2. The objective of the conditional share capital referred to in § 8a section 1 (a) above is to grant the right to subscribe for the series O shares to the holders of subscription warrants issued by the Company on the basis of resolution of the Extraordinary General Meeting No. 1 dated 31 July 2009. The holders of subscription warrants referred to in the preceding sentence will be authorised to subscribe for the Series O Shares. The right to subscribe for the Series O Shares may be exercised until 30 April 2013.
3. The objective of the conditional share capital referred to in § 8a section 1 (b) above is to grant the right to subscribe for the series P shares to the holders of subscription warrants issued by the Company on the basis of resolution of the Extraordinary General Meeting No. 2 dated 31 July 2009. The holders of subscription warrants referred to in the preceding sentence will be authorised to subscribe for the Series P Shares. The right to subscribe for the Series P Shares may be exercised until 30 April 2013.
4. The objective of the conditional share capital referred to in § 8a section 1 (c) above is to grant the right to subscribe for the series C shares to the holders of subscription warrants issued by the Company on the basis of resolution of the Extraordinary General Meeting No. 1 dated 9 May 2011. The holders of subscription warrants referred to in the preceding sentence will be authorised to subscribe for the Series C Shares. The right to subscribe for the Series C Shares may be exercised until 31 March 2016.
5. The objective of the conditional share capital referred to in § 8a section 1 (d) above is to grant the right to subscribe for the series D shares to the holders of subscription warrants issued by the Company on the basis of resolution of the Extraordinary General Meeting No. 1 dated 27 September 2011. The holders of subscription warrants referred to in the preceding sentence will be authorised to subscribe for the Series D Shares. The right to subscribe for the Series D Shares may be exercised until 30 September 2016.”

rendering the wording as follows:
Ҥ 8a
1. The conditional share capital of the Company shall amount to no more than PLN 1,317,300,000 (one billion three hundred and seventeen million three hundred thousand zloty) and shall be divided into no more than:
(a) 1,300,000 (one million three hundred thousand) ordinary bearer series O shares of PLN 10 (ten zloty) nominal value each;
(b) 430,000 (four hundred and thirty thousand) ordinary bearer series P shares of PLN 10 (ten zloty) nominal value each;
(c) 30,000,000 (thirty million) ordinary bearer series C shares of PLN 10 (ten zloty) nominal value each;
(d) 40,000,000 (forty million) ordinary bearer series D shares of PLN 10 (ten zloty) nominal value each;
(e) 60,000,000 (sixty million) ordinary bearer series E shares of PLN 10 (ten zloty) nominal value each.
2. The objective of the conditional share capital referred to in § 8a section 1 (a) above is to grant the right to subscribe for the series O shares to the holders of subscription warrants issued by the Company on the basis of resolution of the Extraordinary General Meeting No. 1 dated 31 July 2009. The holders of subscription warrants referred to in the preceding sentence will be authorised to subscribe for the Series O Shares. The right to subscribe for the Series O Shares may be exercised until 30 April 2013.
3. The objective of the conditional share capital referred to in § 8a section 1 (b) above is to grant the right to subscribe for the series P shares to the holders of subscription warrants issued by the Company on the basis of resolution of the Extraordinary General Meeting No. 2 dated 31 July 2009. The holders of subscription warrants referred to in the preceding sentence will be authorised to subscribe for the Series P Shares. The right to subscribe for the Series P Shares may be exercised until 30 April 2013.
4. The objective of the conditional share capital referred to in § 8a section 1 (c) above is to grant the right to subscribe for the series C shares to the holders of subscription warrants issued by the Company on the basis of resolution of the Extraordinary General Meeting No. 1 dated 9 May 2011. The holders of subscription warrants referred to in the preceding sentence will be authorised to subscribe for the Series C Shares. The right to subscribe for the Series C Shares may be exercised until 31 March 2016.
5. The objective of the conditional share capital referred to in § 8a section 1 (d) above is to grant the right to subscribe for the series D shares to the holders of subscription warrants issued by the Company on the basis of resolution of the Extraordinary General Meeting No. 1 dated 27 September 2011. The holders of subscription warrants referred to in the preceding sentence will be authorised to subscribe for the Series D Shares. The right to subscribe for the Series D Shares may be exercised until 30 September 2016.
6. The objective of the conditional share capital referred to in § 8a section 1 (e) above is to grant the right to subscribe for the series E shares to the holders of subscription warrants issued by the Company on the basis of resolution of the Extraordinary General Meeting No. 1 dated 31 January 2012. The holders of subscription warrants referred to in the preceding sentence will be authorised to subscribe for the series E shares. The right to subscribe for the series E shares may be exercised until 31 December 2016.”

Download current report no. 9/2012