AAA

Current report:

Setting a Register Lien on Assets of Major Value of a Dependent Company

Report number: 23/2007 day: 2007-07-03

Legal basis

Art. 56 par. 1 pt 2 of the Bidding (current and periodic information) Act

Contents of the report:

The management of Barlinek S.A. hereby announces that today it received information from Barlinek Inwestycje Sp. z o.o. (a 100% dependent body of Barlinek S.A.) about the receipt on June 18th 2007 of a decision by the Registration Court to enter a register lien on the set of three-layer flooring production line machinery, the property of Barlinek Inwestycje Sp. z o.o to the lien register. The lien was registered on June 8th 2007.

The register lien was established as a safeguard for investment credit of 80,000,000 PLN, granted by Powszechną Kasą Oszczędności Bank Polski S.A. in Warsaw to Barlinek Inwestycje Sp. z o.o. on 07.04.2005. The value of the aforementioned set of machinery entered in the accounts books of Barlinek Inwestycje Sp. z o.o. on 30.06.2007 is 37,075,218.45 PLN.

The object lien is considered a lien on significant assets due to the fact that the value of these assets exceeds 10% of the ownership capital of Barlinek S.A.

Legal basis:

§ 5 par. 1 pt 1 of the Finance Ministry Decree of October 19th 2005 concerning current and periodic information published by stock issuers