Registration of a change in share capital of KGHM Ecoren S.A.

Wednesday, 11 April, 2007

The Management Board of KGHM Polska Miedź S.A. announces that on 30 March 2007 a change in share capital was registered in the Regional Court for Wrocław-Fabryczna in Wrocław, Section IX (Economic) of the National Court of Registration for the company KGHM Ecoren S.A. with its registered head office in Lubin (a subsidiary of KGHM Polska Miedź S.A.). 

The share capital of KGHM Ecoren S.A. was reduced from PLN 223 373.7 thousand to PLN 213 321.9 thousand, i.e. by PLN 10 051.8 thousand, through a decrease in the face value of its shares from PLN 10.00 to PLN 9.55 per share. The funds obtained from this decrease in the share capital of KGHM Ecoren S.A., i.e. PLN 10 051.8 thousand, will be transferred to KGHM Polska Miedź S.A. 

The share capital of KGHM Ecoren S.A. after registration of this change amounts to PLN 213 321.9 thousand and is divided into 22 337 373 shares of PLN 9.55 each. 

KGHM Polska Miedź S.A. owns 100% of the share capital of the company KGHM Ecoren S.A. 

The total number of votes arising from all issued shares after registration of this change in share capital of KGHM Ecoren S.A. amounts to 22 337 373. 

Legal basis: § 5 sec. 1 point 9 of the Decree of the Minister of Finance dated 19 October 2005 regarding current and periodic information published by issuers of securities (Journal of Laws from 2005 Nr 209, item 1744)