Subject:

The conclusion of the investment credit with a bank Kredyt Bank SA

Legal basis:

Article 56 clause 1 point 2 of the Act on Public Offering – Current and Interim Information

Contents of the report:

The Management Board of POL - MOT Warfama SA announces that on October 12, 2010 between the Issuer and Kredyt Bank SA with headquarter in Warsaw was concluded an agreement on investment loan to finance the purchase of property located at ul. Mełgiewska 7-9 in Lublin, ie the right of perpetual usufruct of land no 1 / 24 with an area of 4.0331 hectares, described in the land register number KW LU1I/00180343/9 conducted by the District Court in Lublin X Division Land Registry along with property rights to land and buildings located on the above land. Under the provisions of this Agreement the Issuer has granted the Bank investment loan in the amount of PLN 6 527 466.67. The final repayment date is September 30, 2017. The loan interest rate is variable and determined on the basis of the reference rate WIBOR 1M plus Bank’s margin.

Repayment of the loan is secured by:

- Promissory Note,

- Made by the Issuer on the basis of Art. 97 clause 1 - 2 of the Act of Banking Law from August 29, 1997 (Journal of Laws of 2002 No. 72, item. 665, later amended) Declaration of submission to enforcement proceedings conducted by Kredyt Bank SA according to the provisions of the Code of Civil Procedure,

- Company’s acceptance to make receivables deductions from a current account by Kredyt Bank SA.

In addition, after purchasing above property the Issuer further protect the repayment of the loan by ceding of rights under the insurance policy of purchased property and taking out of an ordinary and maximum real estate mortgage on the property acquired by the Issuer.

Other terms and conditions do not deviate from the standard generally accepted for this type of loan agreements. The agreement was considered significant because of the value of the contract, which exceeds 10% of the equity of the Issuer.

Legal basis § 5 clause 1 point 1 and 3 in connection with § 7 and § 9 of the Regulation of the Minister of Finance dated 19 February 2009 on current and interim information submitted by issuers of securities and the terms governing recognition of information required by the laws of a non-member state as equivalent information (Polish Journal of Laws from 2009, No. 33, item 259, later amended).