The Management Board of KGHM Polska Miedź S.A., with respect to erroneous information in the market newspaper Gazeta Giełdy „Parkiet” dated 24-25 January 2009 respecting the amount of Company production hedged for 2009, wishes to announce that the amount of copper production hedged for the current year has not changed in relation to the amount disclosed in the consolidated quarterly report published on 14 November 2008, and amounts to 63 thousand tonnes in the first half of 2009.
We also wish to announce that work is continuing in the Company on the preparation of a budget for 2009. The Company will publish the assumptions to the budget once it has been approved.
Legal basis: art. 56 sec. 1 point 1 of the Act dated 29 July 2005 on public offerings and conditions governing the introduction of financial instruments to organised trading, and on public companies (Journal of Laws from 2005 No. 184, item 1539 with subsequent amendments)