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Current report:

Financial inspection commission

Report number: 26/2008 day: 2008-07-11

Issuer’s name (in short):

BARLINEK

Subject

Signing a significant credit contract

Legal basis

Art. 56 par. 1 item 2 of the Bidding (current and periodic reports) Act

Contents of the report:

The Management of Barlinek S.A. reports that, on July 10th 2008, a credit contract was signed between Barlinek S.A. ("the Company") and ABN AMRO Bank N.V. based in Amsterdam ("the Loan Creditor") to a value of 150,000,000,- PLN (in full: one hundred and fifty million zloties).

This credit was granted for the period up to December 30th 2008, and will be used in portions on the basis of applications in writing from the Company.

The credit was granted to finance ongoing business. The interest on the credit is payable according to the fixed-rate applicable for each agreed interest period based on the WIBOR (Warsaw Interbank Offer Rate), increased to cover the bank’s profit margin.

The credit is not secured.

The contract contains no conditions which deviate from the generally applied norms for this type of contract.

The contract is considered to be significant, as its value exceeds 10% of Barlinek SA’s ownership capital.

Legal basis:

Par. 5 sec. 1 pt 3 Finance Ministry Decree of October 19th 2005 regarding current and periodic information reported by stock issuers.