AAA

Current report:

Appendix to the Credit Agreement

Report number: 22/2009 day: 2009-06-22

Legal basis

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

Contents of the report:

The Management of Barlinek S.A. hereby announces that it today received information that on May 29th 2009 the other party signed an appendix to the current account credit agreement of April 29th 2008 signed by Barlinek S.A. ("the Borrower") and Bank Zachodni WBK SA based in Warsaw ("the Lender") for 68,000,000 PLN (in full: sixty eight million zlotys) (Current report nr 11/2008 from April 30th 2008).

By virtue of the appendix, the deadline for full repayment of the credit has been established as April 30th 2010.

Repayment of the Creditor's liabilities is guaranteed by:

1. A civil surety by Barlinek Inwestycje Joint Stock Company based in Barlinek at ul. Przemysłowa 1 (a subsidiary of Barlinek S.A.),

2. The establishment of a combined capped rate mortgage on the perpetual usufruct rights to the land and ownership of the buildings located in Barlinek at ul. Przemysłowa 1, for which the Regional Court in Myślibórz keeps the land and mortgage register nr SZ1M/00037341/7, SZ1M/00037342/4, SZ1M/00036336/2, SZ1M/00036955/7. The perpetual usufructer of the land is Barlinek Inwestycje Sp. z o.o. based in Barlinek at ul. Przemysłowa 1 (future safeguard),

3. Transfer of liabilities from the insurance contract on the aforementioned properties.

This contract contains no conditions which differ from those generally applied in such contracts.

This is considered to be a major contract, as its value exceeds 10% of Barlinek SA’s equity capital.

Legal basis: Art. 56 item 5 of the Public Tendering/Conditions for Introducing Financial Instruments into Organised Trading Systems/Public Companies Act