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Current report:

The Calling of an Ordinary General Meeting of Barlinek S.A. Shareholders

Report number: 18/2009 day: 2009-05-29

Legal basis

Art. 56 paragraph 1 item 2 of the Public Offering Act - current and periodic information

Contents of the report:

The Management of Barlinek PLC, based in Kielce, hereby announces that, on the basis of art. 399 § 1 of the Commercial Companies Code and § 23 para. 2 of the Company Statute, it is calling an Ordinary General Meeting for June 24th 2009, at 11.00 am.

The Meeting will take place at the Company's headquarters at 36, Al. Solidarności in Kielce.

Agenda:

1. Opening of the General Meeting.

2. Election of the Chair of the General Meeting, drawing up the attendance register and election of the Vote Counting Committee.

3. Confirmation of the validity of calling the Ordinary General Meeting and its entitlement to adopt resolutions.

4. Accepting the agenda.

5. Examination of Management's report into the activities of the Company and the activities of Barlinek SA Capital Group in 2008, the financial report for financial year 2008 and the consolidated financial report for financial year 2008.

6. Examination of the Supervisory Board's report for financial year 2008.

7. Passing resolutions regarding:

I. confirmation of Management's report into the activities of the Company and the activities of Barlinek SA Capital Group in 2008, the financial report for financial year 2008 and the consolidated financial report for financial year 2008.

II. granting Management Board members exoneration from carrying out their duties in financial year 2008;

III. coverage of loss for 2008;

IV. exchanging registered C series shares for bearer shares, for which Company shareholders owning registered shares must make an application no later than June 14th 2009 to exchange their shares for bearer shares;

V. changes to the membership of the Company's Supervisory Board;

VI. making the following amendments to the Company Statute:

1. In connection with the exchange of C series registered shares for bearer shares, the Ordinary General Meeting of Barlinek S.A., based in Kielce, acting in accordance with art. 334 § 2 of the Commercial Companies Code and § 10 para. 5 of the Company Statute has decided to change the Company Statute so that the entry § 10 para. 1 (c) which currently reads:

"1,200,000 (one million two hundred thousand) C series shares with a denominational value of 1.00 zł (one złoty) each, consisting of 1,310 (one thousand three hundred and ten) registered shares and 1,198,690 (one million one hundred and ninety eight thousand six hundred and ninety) bearer shares, will be replaced with:

"1,200,000 C series shares with a denominational value of 1.00 zł each consisting of ………… (…………………………) registered shares and ……………. (………………………………………….,"

* the final total of C series registered shares and bearer shares will be established at the session of the General Meeting after reviewing the applications from shareholders to exchange their registered shares for bearer shares

2. The Ordinary General Meeting of Barlinek S.A., based in Kielce, acting in accordance with art. 415 of the Commercial Companies Code and § 26 para.1 pt. 5 of the Company Statute has decided to change the Company Statute so that the entry §9 which currently reads which currently reads:

"The subject of the activities is, in accordance with the Polish Business Activities Classification (the PKD, by Ordinance of the Minister of Finance of October 7th 1997 regarding Polish Business Activities Classification, Journal of Laws no. 128, entry 829):

a) manufacture of sawmill products (PKD 20.10.A),

b) rendering services in the field of wood impregnation PKD 20.10.B,

c) production of veneer sheets; production of tiles and plywood PKD 20.20.Z,

d) manufacture of carpentry products for the construction industry PKD 20.30.Z,

e) manufacture of other wood products PKD 20.51.Z,

f) heat production (steam and hot water) PKD 40.30.A,

g) heat distribution (steam and hot water) PKD 40.30.B,

h) wood wholesaling PKD 51.53.A,

i) other wholesale and specialist sales PKD 51.70.A,

j) other wholesale and non-specialist sales PKD 51.70.B,

k) accountancy and fiscal activities PKD 74.12.Z,

l) consultancy in the field of management and running a company PKD 74.14.Z."

will now read:

"The subject of the activities is, in accordance with the Polish Business Activities Classification (the PKD, by Ordinance of the Council of Ministers of December 24th 2007 regarding Polish Business Activities Classification, Journal of Laws no. 251, entry 1885):

a) manufacture of sawmill products PKD 16.10.Z,

b) production of veneer sheets and wood-based tiles PKD 16.21.Z

c) manufacture of other carpentry products for the construction industry PKD 16.23.Z,

d) manufacture of other wood products; manufacture of products from cork, straw and materials used for intertwining PKD 16.29.Z,

e) production and supply of steam, hot water and air for air conditioning systems PKD 35.30.Z

f) wholesale of wood, construction materials and hygiene fittings PKD 46.73.Z

g) non-specialised wholesale PKD 46.90.Z,

h) wholesale of other semi-finished products PKD 46.76.Z

i) accounting activities, fiscal consultancy PKD 69.20.Z,

j) other consultancy in the field of management and running a business PKD 70.22.Z.

k) wood harvesting PKD 02.20.Z.

l) production of wooden packaging PKD 16.24.Z

m) activities of agents involved in the sale of wood and construction materials PKD 46.13.Z

n) wholesale of fuel and derivatives PKD 46.71.Z

o) retail sales carried out by mail order or over the Internet PKD 47.91.Z

p) intermediation in selling advertising space in printed media PKD 73.12.B

q) intermediation in selling advertising space in electronic media (Internet) PKD 73.12.C

r) other non-school forms of education not classified elsewhere PKD 85.59.B "

VII. entitlements of the Supervisory Board to adopt the whole altered text of the Company Statute.

8. Any other business.

9. Closing the General Meeting.

The Management of Barlinek SA also announces that participation in the Ordinary General Meeting is conditional upon submitting a registered deposit certificate no later than one week before the date of the Meeting, i.e. by June 17th 2009 at 11 am in the Company's headquarters at 36 Al. Solidarności, Kielce 36, containing the information stipulated in art.10 para.1 of the Act on Trading in Financial Instruments of July 29th 2005. (Journal of Laws no. 183 item 1538) and do not collect it before the end of the General Meeting, or certification of submitting shares to the deposit.

Shareholders may participate in and vote at the General Meeting in person or through a representative or attorney. Power of attorney to participate in the General Meeting must be granted in writing to be valid. Representatives of legal entities should present current extracts from the appropriate court registers mentioning the persons entitled to represent these entities. A list of shareholders entitled to participate at the Ordinary General Meeting will be displayed at the Company's headquarters for three days before the General Meeting takes place.

Legal basis: § 38 section 1 pt 1 and 2 in connection with §100 section 3 of the Ordinance of the Ministry of Finance of 19th February 2009 regarding current and periodic information to be submitted by issuers of securities and the recognition of the information whose disclosure is required under the laws of a non-EU member state as equivalent. (Journal of Laws 2009. no. 33 entry 259).