Investor relations

Report concerns:
Selection of a statutory auditor

Report’s text:
Acting pursuant to §5.1.19 of the Ordinance of the Minister of Finance dated 19 February 2009 regarding current and periodic information disclosed by issuers of securities and on conditions of accepting as equivalent of the information required by legal regulations of a non-member country (Journal of Laws of 2009, No. 33, item 259) (the "Ordinance"), J.W. Construction Holding S.A. with its registered office in Ząbki (the "Company") hereby announces that on 9 June 2009 the Company’s Supervisory Board selected – in accordance with §20.1d of Articles of Association – BDO Numerica International Auditors Consultants Sp. z o.o. (the "Auditor"), a joint-stock company with its registered office in Warsaw at ul. Postępu 12, 02-676 Warsaw, to review the stand-alone and consolidated financial statements of the Company for the 1st half of 2009 and to audit the stand-alone and consolidated financial statements of the Company for 2009. The Auditor is entered under the number 3355 on the list of entities authorized to audit financial statements, which is maintained by the National Chamber of Statutory Auditors. The agreement with the Auditor will cover a review of the stand-alone and consolidated financial statements of the Company for the 1st half of 2009 and an examination of the stand-alone and consolidated financial statements of the Company for 2009. To date, the Company has used the services of the Auditor for auditing the Company’s stand-alone and consolidated financial statements since the Company's shares were admitted to trading i.e. for the years 2007 to 2008 and in the previous years. Furthermore, in the past the Company used the Auditor’s services while drawing up business plans, for overall financial advice, due diligence of other entities, consulting regarding the purchased companies and regarding the initial public offering of the Company’s shares.