The receipt of the Court decision to suspend the liquidation of the assets of the subsidiary until the bankruptcy ruling becomes final.

The Management Board of Orzeł Biały S.A. (“The Company”, “The Issuer”) announces that on 26.04.2018 it received the notice about the decision by the Katowice-Wschód District Court in Katowice, 10th Commercial Division, (hereinafter: “The Court”) of 18.04.2018 on suspension of the liquidation of the bankruptcy estate of Orzeł Surowce sp. z o.o. in liquidation until the Court’s decision on the declaration of bankruptcy becomes final.

The decision received is the result of the subsidiary Orzeł Surowce sp. o.o. in liquidation having submitted on 06.04.2018 an application to suspend liquidation against the Court decision of 26.03.2018 on the declaration of bankruptcy of Orzeł Surowce sp. o.o.

The Issuer announced the receipt of the notification of the bankruptcy of the subsidiary Orzeł Surowce sp. o.o in its Current Report No. 7/2018 of 26.03.2018.

Legal basis: Art. 17, Act 1 MAR

15.45

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