Investor relations

• 2010-07-06

Current report 37/2010

Acting pursuant to section 5.1 point 5 of the Minister of Finance on Current and Periodical Reporting by Issuers of Securities and on Conditions of Accepting as Equivalent of the Information Required by Legal Regulations of a Non-member Country of 19 February 2009 (Journal of Laws No 33/2009 item 259) ("the Ordinance") J.W. Construction Holding S.A. with its seat in Ząbki ("the Company") reports that on 5 July 2010received a notice from District Court for Warsaw Mokotow, 9thLand and Mortgage Division ('the Court") about entering the property located in Białołęka District, Warsaw, with a total surface area of 1,0470 ha designated as a record pracel No.36 and 60/3 ("the Property") in the Land and Mortgage Registermaintained by the Court the, for which a property, the Court maintainsthe Land and Mortgage Registe No. WA3M/0020786/6 owned by the Company under the name Stadnina Mazowiecka Spółka z o.o. with its seat in Ząbki ("Subsidiary"), informing about entering the contractural capped mortgage on 24 June 2010, in section 4 of the Land and Mortgage Register No.WA3M/00210786/6,to the highest amount of PLN 5,000,000 for the benefit ofINVEST - BANK S.A. with its seat in Warsaw, a branch in Warsaw (henceforth the Bank).

The value of the Property is entered in the Subsidiary’s accounting books at its purchase price and does not exceed 10 % of the Company’s equity capital. There are no connections between the Bank, or the persons managing the Bank, and the Company, or the members of its Management Board or Supervisory Board. The criterion making the said mortgages subject to disclosure, according to section 5.1 point 5 ofthe Ordinance, the was their value. The amount of each increased mortgage exceeded the Polish zloty equivalent of EUR 1,000,000.