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Current report 23/2015

Legal basis:Art. 56, par. 1, item 2 of the Offer Act – current and periodic information

Report Subject: expert auditor selection

Acting on the basis of § 5, par. 1, item 19) of the Regulation of the Minister of Finance of 19 February 2009 on current and periodic information provided by issuers of securities and the conditions for recognition as equivalent the information required by the law of the country which is not a member state (Journal of Laws No. 33, 2009, item 259) (“Regulation”) J.W. Construction Holding S.A. with its registered office in Ząbki (“the Company”) hereby informs that on 15 July 2015, the Company's Supervisory Board, acting in accordance with the Company's Articles of Association, has selected a company named BDO Sp. z o. o. (the “Auditor”) with its registered office in Warsaw at 12 Postępu street, 02-676 Warsaw, for the review of the Company’s individual and consolidated financial statements for H1 2015, and of the Company’s individual and consolidated financial statements for 2015. The Auditor is included in the list of entities authorised to examine financial statements, maintained by the National Board of Expert Auditors under number 3355. The agreement with the Auditor will refer to the review of the Company’s individual and consolidated financial statements for H1 2015 and the whole year 2015.

The company has previously used the Auditor’s services as relates to examining individual and consolidated financial statements of the Company when the Company’s shares were allowed into the public trading, i.e. in the years 2007-2014, as well as in the previous years.

While the said cooperation was under way, and the 2010 statements were being reviewed, the key expert auditor was changed.

In addition, the company had previously used the expert Auditor’s services in the drawing up of business plans, providing general financial advice, due diligence analyses of other entities, advising on acquired companies and advising on the first public offering of the Company's shares.