Registration of change in share capital of INTERFERIE Spółka Akcyjna

Tuesday, 04 January, 2005

The Management Board of KGHM Polska Miedź S.A. announces that on 31 December 2004 the Regional Court for Wrocław Fabryczna in Wrocław, Section VI (Economic) of the National Court of Registration registered a change in the share capital of the company INTERFERIE Spółka Akcyjna (joint stock company) with its registered head office in Lubin (a subsidiary of Dolnośląska Spółka Inwestycyjna S.A., which in turn is a subsidiary of KGHM Polska Miedź S.A.), having been transformed from the limited liability company "INTERFERIE" Spółka z o.o. Following registration of this change, the share capital of INTERFERIE Spółka Akcyjna remains at the amount of PLN 47 821.0 thousand and is divided into 9 564 200 shares with a nominal value of PLN 5 each.

Following this registration, the share of subordinated entities of KGHM Polska Miedź S.A. in the share capital of INTERFERIE Spółka Akcyjna is as follows:

Dolnośląska Spółka Inwestycyjna S.A. - 8 964 200 shares (93.72%),

KGHM Polska Miedź S.A. - 300 000 shares (3.14%),

Centrum Badań Jakości Spółka z o.o. - 300 000 shares (3.14%).

The total number of votes arising from all issued shares after this change in share capital is 9 564 200.