Subject:

Selection of an entity authorized to audit financial statements

Legal basis:

Article 56 clause 1 point 2 of the Act on Public Offering

Contents of the report:

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) the Management Board of POL – MOT Warfama S.A. informs that on 28 May 2010 the Supervisory Board (pursuant to §26 point 19 of the Issuer’s Statutes) appointed the WESSLY sp. z o.o., as entity authorised to audit the financial statements and to review and audit the mid-year and annual financial statements for 2010 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.

WESSLY sp. z o.o. in Warsaw ul. Irysowa 24A is registered under number 1117 on the list of entities authorized to audit financial statements.

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.

POL-MOT Warfama S.A. hasn’t so far taken advantage of the services provided by WESSLY sp. z o.o.