Investor relations

Report concerns:
Reception of notification on the basis of art. 160 section 4 of Resolution of financial instruments

Report’s text:
Acting on the basis of art. 160 section 4 of Resolution of financial instruments (Dz. U. dated on 2005, No. 183, poz. 1583 and later modifications) J.W. Construction Holding S.A. with headquarters in Ząbki ("Company"), hereby informs that on December 21st 2007 it received a notification of the following transactions concerning financial instruments of the Company from obligated in this scope person:

1. Name and surname of the obligated person:
Józef Kazimierz Wojciechowski

2. Explanation of legal connection between the obligated person and issuer:
President of Managing Board, major stockholder of J. W. Construction Holding S.A.

3. Name and surname or a company (name) of person related to the obligated person (in case the notification concerns transactions made by a person closely related):
It doesn’t concern (transaction made by the obligated person)

4. Indication of financial instrument which the transaction concerns and issuer:
Stocks of J. W. Construction Holding S.A.

5. Date of making transaction:
December 17th 2007 Type of transaction: Purchase

6. Transaction’s volume:
5 000 stocks
Price (PLN):
43,31 PLN per a one stock

7. Transaction’s volume:
2 769 stocks
Price (PLN):
43,35 PLN per a one stock

8. Transaction’s volume:
5 000 stocks
Price (PLN):
43,36 PLN per a one stock

9. Transaction’s volume:
517 stocks
Price (PLN):
43,39 PLN per a one stock

11. Transaction’s volume:
5 000 stocks
Price (PLN):
43,40 PLN per a one stock

12. Transaction’s volume:
10 000 stocks
Price (PLN):
43,30 PLN per a one stock

13. Transaction’s volume:
5 000 stocks
Price (PLN):
43,06 PLN per a one stock

14. Transaction’s volume:
479 stocks
Price (PLN):
43,20 PLN per a one stock

15. Transaction’s volume:
5 000 stocks
Price (PLN):
43,16 PLN per a one stock

16. Transaction’s volume:
5 000 stocks
Price (PLN):
43,12 PLN per a one stock

17. Transaction’s volume:
10 000 stocks
Price (PLN):
43,11 PLN per a one stock

18. Transaction’s volume:
8 700 stocks
Price (PLN):
43,08 PLN per a one stock

19. Transaction’s volume:
5 000 stocks
Price (PLN):
43,05 PLN per a one stock

20. Transaction’s volume:
10 000 stocks
Price (PLN):
43,00 PLN per a one stock

21. Date of making transaction:
December 18th 2007
Type of transaction: Purchase

22. Transaction’s volume:
3 000 stocks
Price (PLN):
43,00 PLN per a one stock

23. Transaction’s volume:
3 000 stocks
Price (PLN):
42,12 PLN per a one stock

24. Transaction’s volume:
2 042 stocks
Price (PLN):
42,40 PLN per a one stock

25. Transaction’s volume:
3 000 stocks
Price (PLN):
42,13 PLN per a one stock

26. Transaction’s volume:
2 639 stocks
Price (PLN):
42,00 PLN per a one stock

27. Transaction’s volume:
561 stocks
Price (PLN):
42,20 PLN per a one stock

28. Transaction’s volume:
342 stocks
Price (PLN):
42,35 PLN per a one stock

29. Transaction’s volume:
1 460 stocks
Price (PLN):
42,30 PLN per a one stock

30. Transaction’s volume:
193 stocks
Price (PLN):
42,27 PLN per a one stock

31. Transaction’s volume:
3 000 stocks
Price (PLN):
42,22 PLN per a one stock

32. Transaction’s volume:
952 stocks
Price (PLN):
42,40 PLN per a one stock

33. Transaction’s volume:
807 stocks
Price (PLN):
42,50 PLN per a one stock

34. Transaction’s volume:
375 stocks
Price (PLN):
42,70 PLN per a one stock

35. Date of making transaction:
December 19th 2007
Type of transaction: Purchase

36. Transaction’s volume:
3 000 stocks
Price (PLN):
43,00 PLN per a one stock

37. Transaction’s volume:
6 091 stocks
Price (PLN):
42,00 PLN per a one stock

38. Transaction’s volume:
4 434 stocks
Price (PLN):
42,20 PLN per a one stock

39. Transaction’s volume:
6 592 stocks
Price (PLN):
42,40 PLN per a one stock

40. Transaction’s volume:
1 433 stocks
Price (PLN):
42,31 PLN per a one stock

41. Transaction’s volume:
276 stocks
Price (PLN):
42,30 PLN per a one stock

42. Transaction’s volume:
216 stocks
Price (PLN):
42,10 PLN per a one stock

43. Transaction’s volume:
1 705 stocks
Price (PLN):
42,51 PLN per a one stock

44. Transaction’s localization:
Basic market of Warsaw Stock Exchange S.A.

45. Mode of making transaction:
Casual session transactions

46. Date and place of making the notification by the obligated person:
Warsaw, December 20th 2007