Current report no 78 / 2015

Coming into force of the Decision on the change of the arrangement bankruptcy of PNI Sp. z o.o. to liquidation bankruptcy

With reference to current reports No 73/2011 of 4 August 2011, No 85/2011 of 14 October 2011, No 88/2011 of 7 November 2011, No 90/2011 of 16 November 2011, No 35/2012 of 27 June 2012, No 48/2012 of 24 August 2012, No 49/2012 of 24 August 2012, No 58/2012 of 13 September 2012, No 77/2012 of 4 December 2012, and No 32/2015 of 29 May 2015, pertaining to the bankruptcy proceedings carried out against Przedsiębiorstwo Napraw Infrastruktury Sp. z o.o. in arrangement bankruptcy, with its registered office in Warsaw (“Bankrupt”) – a 100% subsidiary of Budimex S.A., the Management Board of Budimex S.A. would like to inform you that on 29 October 2015, it was notified that on 28 October 2015, the decision of 27 May 2015 of the District Court for the Capital City of Warsaw in Warsaw, 10th Commercial Division for bankruptcy and restructuring cases, in which the Court changed the method of conducting the bankruptcy proceedings from the bankruptcy proceedings with an arrangement option to the bankruptcy proceedings involving liquidation of assets of the Bankrupt, became final.

The aforementioned fact will have no impact on the financial statements of Budimex S.A. or on the consolidated financial statements of the Budimex Group.