Polimex Mostostal Signs Investment Deal With Industrial Development Agency And Silesia Financial Society

Polimex Mostostal SA PXM:

• SIGNS CONDITIONAL INVESTMENT AGREEMENT

• DEAL SIGNED WITH INDUSTRIAL DEVELOPMENT AGENCY AND SILESIA FINANCIAL SOCIETY

• PARTIES WILL JOIN AN EXISTING COMPANY FORMED BY ONE OF ENTITIES AND WILL ACQUIRE SHARES IN THE INCREASED SHARE CAPITAL OF COMPANY UP TO AN AMOUNT OF PLN 9 MILLION EACH

• BY ENTERING INTO AGREEMENT POLIMEX SHAREHOLDING WILL NOT EXCEED 9.2 MILLION ZLOTYS

• COMPANY TASK WILL BE TO TAKE STEPS AIMED AT ACQUIRING ASSETS OF RAFAKO IN BANKRUPTCY