Investor relations

Acting on the basis of § 5 sect. 1 point 1 in relation to § 2 section 5 of Minister of Finances resolution dated on October 19th 2005 concerning the valid and periodic information conveyed by issuers of securities (Dz. U. dated on 2005, No. 209, poz. 1774) ("Resolution") J.W. Construction Holding S.A. with headquarters in Ząbki (“Company”) hereby informs, that on October 9^th 2007 it received information about registration by the City Court of Sofia (Bulgaria), on October 8^th2007, a company under firm of J.W. Construction Bułgaria EOOD with headquarters in Sofia (made under Bulgarian legislation – equivalent of Polish Ltd. Company), in which the Company took 500 (five hundred) shares of nominal value of 10 (ten) BGN each one and total value in amount of 5.000 (five thousand) BGN (what, when conversed according to average exchange rate of National Bank of Poland published in table of exchange rates from 08.10.2007 makes an amount of 9.595,50 PLN). These shares were taken with price equal to their nominal value. They make 100% of initial capital of the company under firm J.W. Construction Bułgaria EOOD and entitle to the same number of votes during Partner's Meeting. Taken shares, in Company’s accounting books shall be recorded according to their nominal value. These shares have been taken from own assets of the Company and they are long-term investment.
Due to mediation of the company under firm J.W Construction Bułgaria EOOD, the Company is going to run activity in the territory of Bulgaria. Basis for recognition of taken shares to be assets of significant value there is a fact that taken shares make more than 20% of initial capital of the company under firm J.W Construction Bułgaria EOOD, meeting the criteria specified in § 2, section 5 of Resolution.