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Aktuální report č. 90 / 2011

Datum: 16. listopadu 2011

Acquisition of Przedsiębiorstwo Napraw Infrastruktury Sp. z o.o. – making payment

In reference to current reports No. 73/2011 of 4 August 2011, 85/2011 of 14 October 2011 and 88/2011 of 7 November 2011, the Management Board of Budimex SA announces that the conditions described in the above mentioned reports have been met. These conditions consisted of obtaining legally required permits – of the Minister of Infrastructure for disposal of PNI Sp. z o.o. shares by PKP SA, of the President of the Office for Competition and Consumer Protection for concentration and consent to the transaction by the Supervisory Board of PKP and the General Meeting of Shareholders of PNI Sp. z o.o. Consequently, on 16 November 2011 payment of PLN 225,016,573.00 was made for 100% of shares in the company under the name of Przedsiębiorstwo Napraw. In 2011 Budimex SA will consolidate the financial results of PNI from the date of acquisition to 31 December 2011 as well as the entire orders portfolio on the date of acquisition.

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