AAA

Current report:

Signing of a major agreement

Report number: 49/2008 day: 2008-12-22

Legal basis

Art. 56 paragraph 1 item 2 of the Bidding Act - current and periodic information

Contents of the report:

The Management Board of Barlinek S.A. hereby announces that on 22 December 2008 it entered into a factoring agreement with Coface Poland Factoring Sp. z o.o. with its registered offices in Warsaw. The contract was concluded for an unlimited period of time. Pursuant to the agreement, Coface Poland Factoring Sp. z o.o. shall provide factoring services to Barlinek SA. for a fair remuneration, which is prevalent on the market for this type of agreement.

The limit of purchased liabilities was agreed at the amount of 40,000,000 PLN (say: forty million Polish Zlotys).

This is considered to be a major agreement because its value exceeds 10% of Barlinek SA’s equity capital.

Legal basis: Paragraph 5 section 1 pt 1 and 3 of the Ordinance of the Ministry of Finance of October 19th 2005 concerning current and periodic information released by issuers of securities (Journal of Laws 209 item 1744, as amended).