Dissolution of a subsidiary

Wednesday, 11 December, 2013
Report no. 37/2013

The Management Board of KGHM Polska Miedź S.A. announces that on 10 December 2013 the sole shareholder of Robinson Nevada Railroad Company („the Company”), with its registered office in Nevada, U.S.A., adopted a resolution dissolving the Company. The sole shareholder of Robinson Nevada Railroad Company is Robinson Holdings (USA) Ltd. – a subsidiary of KGHM International Ltd (100%).

The Company will be dissolved under the Nevada statutes applicable to corporations, as part of KGHM International Ltd.’s initiatives in simplifying its corporate group structure. The dissolution process will begin on 11 December 2013 and conclude immediately upon filing a certificate of dissolution with the Nevada Secretary of State. As provided by Nevada statutes applicable to corporations, the Board of Directors will act on behalf of the Company over the next two years by distributing its assets to the Company’s sole shareholder, and in any other matters that may arise during this time. 

Legal basis: § 5 sec. 1 point 24 of the Decree of the Minister of Finance dated 19 February 2009 regarding current and periodic information published by issuers of securities and conditions for recognising as equivalent information required by the laws of a non-member state (Journal of Laws from 2009 No. 33, item 259 with subsequent amendments).