AAA

Current report:

Fulfilment of a Suspension Condition Regarding a Contract

Report number: 40/2008 day: 2008-12-02

Legal basis

Art. 56 par. 1 pt 2 of the Bidding Act (current and periodic information)

Contents of the Report:

The management of Barlinek S.A., based in Kielce, (“the Issuer”) with reference to Current Report no. 39/2008 of November 13th 2008 which announced the signing of a loan contract for a maximum sum of 15,000,000 EUR (equivalent to 56,253,000 PLN according to the NBP average rate as published on November 13th 2008, i.e. 1 EUR = 3.7502 PLN) between Barlinek Cyprus Limited based in Nicosia (Cyprus) (a dependent body of Barlinek S.A.) acting as the Lender, and Barlinek Invest ltd. based in Vinnitsa (Ukraine) (a dependent body of Barlinek S.A.) acting as the Borrower, hereby announces that it today received information that a suspension condition included in the contract has been met, namely that on November 27th 2008 the contract in question was registered by the National Bank of Ukraine.

Legal basis: § 5 par. 1 pt. 4 of the Finance Ministry Decree of October 19th 2005 concerning current and periodic information published by stock issuers (Journal of Laws no. 209 entry 1744 with subsequent amendments).