Current report 12/2011

Subject:

Selection of an entity authorized to audit financial statements

Legal basis:

Article 56 paragraph 1 item 2 of the Act on Public Offering - current and periodic information

Contents of the report:

The Management Board of POL – MOT Warfama S.A. informs that on  June 2, 2011 the Supervisory Board (pursuant to §26 point 19 of the Issuer’s Statutes) appointed the BDO sp. z o.o., as entity authorisedto audit the financial statements and to review and audit the mid-year and annual financial statements for 2011 as follows:

 - a review of the non-consolidated and consolidated mid-year financial statements of POL-MOT Warfama S.A. and Capital Group prepared according to IFRS

 - audits of the non-consolidated and consolidated financial statements of POL-MOT Warfama S.A. and Capital Group prepared according to IFRS.

BDO sp. z o.o. in Warsaw ul. Postępu 12 is registered under number 3355 on the list of entities authorized to audit financial statements. POL-MOT Warfama S.A. availed of the services of BDO Sp. z o.o. with regard to the audit of financial statements of the POL-MOT Warfama for the financial year 2007, first half of 2008 and for the financial year 2009.

Selection of an entity authorized to audit financial statements was within the scope permitted by law and internal policies aimed to ensure impartiality and independence of the auditor.

The legal basis:

 According to the § 5 clause 1 point 19 and § 25 of the Regulation of the Finance Minister, dated 19th February of 2009 on current and periodic disclosures to be made by issuers of securities (Polish Journal of Laws of 2009, No. 33, item 259)