Withdrawal from the agreement for the sale of a subsidiary

Current report no : 26/2012
Report date : 5/31/2012
Abbreviated name : Ciech SA
Subject : Withdrawal from the agreement for the sale of a subsidiary
Legal basis : Article 56 section 1 item 2 of the Act on the Offering – current and interim information 

Report : 

The Management Board of Ciech SA, with reference to current report no. 51/2011 of July 15th, 2011, reports on withdrawing on May 30th, 2012 from the Conditional Agreement for the Sale of Shares in POLFA Sp. z o.o. concluded with Invest Pharma Sp. z o.o. with its registered office in Warsaw on July 15th, 2011. The withdrawal by Ciech SA was caused by the failure to fulfil the condition of securing funds for the payment of the Sale Price by Invest Pharma and the failure to prove that such amount was secured.

Signatures of the Company’s Representatives : Dariusz Krawczyk – President of the Management Board 

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