Recommendation of the Management Board respecting the amount of the dividend

Tuesday, 06 March, 2007

The Management Board of KGHM Polska Miedź S.A. hereby announces that on 5 March 2007 it passed a resolution to submit a proposal for the General Shareholders Meeting of KGHM Polska Miedź S.A. to pay out a dividend for 2006 of PLN 1 400 000 000, i.e. PLN 7.00 per share. 

The above proposal of the Management Board must be evaluated by the Supervisory Board of the Company before it is submitted to the General Shareholders Meeting. 

A final decision respecting the distribution of the profit of KGHM Polska Miedź S.A. for 2006 will be made by the General Shareholders Meeting of KGHM Polska Miedź S.A. 

Legal basis: §39, sec. 1 point 7 of the Decree of the Minister of Finance dated October 19, 2005, regarding current and periodic information disclosed by the issuers of securities (Journal of Laws from 2005 Nr 209, item 1744).