AAA

Current report:

Annex to a major credit agreement

Report number: 30/2009 day: 2009-07-14

Legal basis

Art. 56 paragraph 5 of the Public Offering Act (updating information)

Contents of the report:

The Management of Barlinek S.A. (henceforth referred to as the "Issuer") hereby announces that today it received information that an annex has been signed by the second party to the credit agreement dated December 31st 2008 between the Issuer and Barlinek Inwestycje Sp. z o.o. based in Barlinek, at ul. Przemysłowa 1 (a subsidiary of Barlinek S.A.) as the Borrower and ABN Amro Bank (Poland) S.A. based in Warsaw, at ul. 1–go Sierpnia 8A entered on the company register held by the Regional Court in Warsaw, 13th Commercial Division of the National Court Register as KRS 0000020489 (henceforth referred to as the "Bank") (Current report nr 1/2009 of January 5th 2009).

By virtue of the appendix, the deadline for full repayment of the credit has been established as June 30th 2010. The parties have agreed that the credit may be used in PLN, EUR or USD. The total credit has been increased to 96,000,000 PLN (in full: ninety six million zlotys). On the day that the present annex comes into force, Credit Agreement nr 33/2008 signed on June 16th 2008 between the Bank and Barlinek Inwestycje Sp. z o.o. is annulled. Pursuant to the annex, the value of the safeguard in the form of a registered pledge has been increased to 115,200,000 PLN.

Legal basis: art. 56 paragraph 5 of the Public Offering and Conditions for Introducing Financial Instruments into Organised Trading Systems/Public Companies Act.