Registration of a change in share capital of the company Walcownia Metali Nieżelaznych Sp. z o.o.

Thursday, 06 October, 2005

The Management Board of KGHM Polska Miedź S.A. announces that on 30 September 2005 the Regional Court in Gliwice, Section X (Economic) of the National Court of Registration registered a change in the share capital of the company Walcownia Metali Nieżelaznych Sp. z o.o. with its registered head office in Gliwice (an indirect subsidiary of KGHM Polska Miedź S.A.). The share capital of Walcownia Metali Nieżelaznych Sp. z o.o. was increased by PLN 2 500.0 thousand through the issuance of 3 125 shares with a face value of PLN 800 each

The new shares were acquired by KGHM Metale DSI S.A. (a direct subsidiary of KGHM Polska Miedź S.A.)

The share capital of Walcownia Metali Nieżelaznych Sp. z o.o. after registration amounts to PLN 43 161.6 thousand and is divided into 53 952 shares of PLN 800 each. The total number of votes arising from all issued shares after registration of this change in share capital is 53 952.

After registration of this change in share capital the interest of subordinated entities of KGHM Polska Miedź S.A. in the share capital of the company Walcownia Metali Nieżelaznych Sp. z o.o. is as follows:

  • KGHM Metale DSI S.A. owns 32 430 shares, representing 60.1% of the share capital of Walcownia Metali Nieżelaznych Sp. z o.o. and granting the right to the same number of votes at the General Shareholders Meeting,
  • WM "Łabędy" S.A. (a direct subsidiary of KGHM Metale DSI S.A.) owns 18 761 shares, representing 34.8% of the share capital of Walcownia Metali Nieżelaznych Sp. z o.o. and granting the right to the same number of votes at the General Shareholders Meeting.