AAA

Current report:

Announcement concerning the change in the number of shares owned by the Issuer

Report number: 46/2008 day: 2008-12-17

Legal basis

Article 70, item 1 of the Bidding Act - acquisition or disposal of a major share package

Contents of the report:

Pursuant to article 70, item 1 of the Public Tendering/Conditions for Introducing Financial Instruments into Organised Trading Systems/Public Companies Act of July 29th 2005 (Journal of Laws No 184/2005, item 1539) the Management Board of Barlinek S.A. hereby announces that on December 16th, 2008 it received from Barcocapital Investment Ltd. the following letter:

"Acting pursuant to Article 69, paragraph 2, item 2 of the Public Tendering / Conditions for Introducing Financial Instruments into Organised Trading Systems / Public Companies Act of July 29th 2005, I hereby announce that Barcocapital Investment Ltd, after making an entry on the account on 12.12.2008 resulting from the sale of pre-emptive rights to shares of Barlinek S.A. will reduce its assets at by at least 2% of total voting rights at the general shareholders meeting of Barlinek S.A., which will take place after registration by the court of issuance of L-series shares, assuming they will be 100% taken up. The pre-emptive rights to shares of Barlinek S.A. were sold to Mr Michał Sołowow. Barcocapital Investment Ltd is controlled by Mr Michał Sołowow, thus total number of voting rights of Mr Michał Sołowow at the general shareholders meeting of Barlinek S.A. has not changed.

Before 12.12.2008 Barcocapital Investment Ltd. had 16,132,128 shares and 16,000,000 pre-emptive rights to shares of Barlinek S.A., which would constitute 24,132,128 shares equivalent of 16.62% of share capital after registration by the court of issuance of L-series shares, assuming it would be 100% taken up and would be equivalent to 24,132,128 voting rights, i.e. 16.62% of total voting rights at the general shareholders meeting of Barlinek S.A., after registration by the court of issuance of L-series shares, assuming it would be 100% taken up.

On the date this announcement is drawn up, Barcocapital Investment Ltd. owns 16,132,128 shares of Barlinek S.A., which constitutes 11.11% in share capital after registration by the court of issuance of L-series shares, assuming it would be 100% taken up and will be equivalent of 16,132,128 voting rights, which constitute 11.11% of total voting rights at the general shareholders meeting of Barlinek S.A., after registration by the court of issuance of L-series shares, assuming it would be 100% taken up."

Legal basis: Article 70, item 1 of the Bidding Act - acquisition or disposal of a major share package