Investor relations

Report concerns:
Taking shares in a dependent company

Report’s text:
Acting on the basis of § 5 sect. 1 point 1 with reference 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, point 1774) ("Resolution") J.W. Construction Holding S.A. with headquarters in Ząbki ("Company") informs that on February 19th 2008 there was set up a company under firm JWCH Produkcja Budowlana Limited Liability Company with headquarters in Ząbki and the Company possessed 2.000 (two thousand) shares (“Shares”) of nominal value of 50 (fifty) PLN per a single share, and of total value 100.000 (one hundred thousand) PLN. These shares were taken with price equal to their nominal value. Shares being aliened make 100% of initial capital of the company and entitle to the same number of votes on company’s partners assemble. 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 are long-term investment.
JWCH Produkcja Budowlana Ltd. Company’s President of Managing Board there is Mrs. Grażyna Szafarowska who also is a Member of the Company’s Managing Board.
Principle of acknowledging the shares possession as a significant activity there is a fact that shares being aliened are more than 20% of initial capital in company under firm JWCH Produkcja Budowlana Ltd. Company with headquarters in Ząbki – what meets criteria of significant value determined in § 2 sect. 5 of Resolution.