Investor relations

Report concerns:
Resignation of a Member of the Management Board of the Company

Report’s text:
Acting pursuant to section 5.1.(21) of the Ordinance of the Minister of Finance on current and periodical reporting by issuers of securities of 19 October 2005 (Journal of Laws of 2005 No. 209, item 1744) (henceforth the Ordinance), J.W. Construction Holding S.A., with its seat in Ząbki (henceforth the Company) hereby reports that on 21 August 2008 the Company received from Mr. Jerzy Zdrzałka a statement of his resignation from the position of Chairman of the Management Board of the Company as of 22 August 2008. The statement of resignation was submitted for personal reasons. Mr. Jerzy Zdrzałka performed the function of Chairman of the Management Board of the Company.
Additionally, the Company hereby makes public the contents of a statement received today from Mr. Józef Wojciechowski, Chairman of the Supervisory Board and the major Shareholder of the Company:
"Due to the resignation of Mr. Jerzy Zdrzałka from the position of Chairman of the Management Board of the Company, I hereby inform of my intention to immediately summon the Supervisory Board of the Company and include in the agenda a point regarding the Supervisory Board passing a resolution on my delegation to temporarily perform the duties of Chairman of the Management Board (in line with section 20.1.(e) of the Company Articles of Association).”