Declaration regarding implementation of Corporate Governance principles

Monday, 12 March, 2007

Acting on the basis of § 29 section 2 of the Regulations of the Warsaw Stock Exchange S.A. and in performance of resolution Nr 44/1062/2004 dated 15 December 2004 of the Supervisory Board of the Warsaw Stock Exchange regarding the acceptance of corporate governance principles by joint stock companies being issuers of shares, convertible bonds or privileged bonds, which have been admitted to public trading on an official market, the Management Board of KGHM Polska Miedź S.A. hereby submits the following declaration on the acceptance by KGHM Polska Miedź S.A. of corporate governance principles as described in the document titled „Best Practices in Public Companies 2005”, having the following wording