Significant agreement – closure of the delay

The Management Board of Orzeł Biały SA (“the Issuer” or “the Company”) announces, in reference to the current report No. 32/2014 dated 09.10.2014 where it announced the turnover in excess of 10% of the total revenue of the Issuer’s Group of Companies  for the last four quarters (third quarter 2013 – second quarter 2014), that the Counterparty was Johnson Controls GmbH headquartered in Hannover, Germany.

The value of turnover on the sale of lead and lead alloys and tolling services with this Counterparty was PLN 111.6 million (net), which exceeded 10% of revenue from sales of the Issuer’s Group of Companies for the last four quarters (third quarter 2013 – second quarter 2014) before the announcement publication date, viz. ahead of 09.10.2014.

The Company has, pursuant to Art. 57 Para.1 of the Public Offering and Conditions Governing the Introduction of Financial Instruments to Organised Trading, and Public Companies Act of 29.07.2005, when submitting the current report no 32/2014 dated 09.10.2014, delayed the disclosure to public knowledge of the Counterparty and of the estimated value of the Agreement signed with the said Counterparty.

Legal basis:

MFR SE § 5 Para. 1 Pt. 3

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