Report’s text: Acting pursuant to section 5.1.(1) 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 that on 25 August 2008 the Company received a Notice from the District Court in Wołomin, 4th Division of the Land and Mortgage Register of 20 August 2008, informing on entries in the following sections of the 4th Division of the Land and Mortgage Register made on 13 August 2008: no. WA1W/00038827/0, kept by the aforementioned Court for the Company’s real property located in the municipality of Marki, at ul. Wojskowa, designated as record parcel no. 204 from the precinct 5-15, area of 1.1218 ha and no. WA1W/00039482/6, kept by the aforementioned Court for the Company’s real property located in the municipality of Marki, designated as record parcels no. 203/1, 203/2 and 203/4 with a total area of 1.1358 ha (henceforth the Real Property), contractual capped blanket mortgage up to the amount of PLN 8,500,000 (henceforth the Mortgage) for the benefit of Invest Bank S.A. Warsaw Branch (henceforth the Bank). The value of the Real Property in the Company’s accounting records is recognized at acquisition price and does not exceed 10 % of the Company’s equity. There are no relations between the Bank / its managers and the Company / members of its Management and Supervisory Board. In line with section 5.1.(1) of the Ordinance, the aforementioned mortgage was subject to the disclosure obligation due to its amount, exceeding the PLN equivalent of EUR 1,000,000.
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