Registration of a change in the share capital of PeBeKa S.A.

Tuesday, 27 January, 2009
Report no 6/2009

The Management Board of KGHM Polska Miedź S.A., announces that on 15 January 2009 a change in share capital was registered at the Regional Court for Wrocław-Fabryczna in Wrocław, Section IX (Economic) of the National Court of Registration for a subsidiary of KGHM Polska Miedź S.A. – PeBeKa S.A. The share capital of PeBeKa S.A. was increased by PLN 15 100 001.00 through the creation of 247 541 new registered shares having a face value of PLN 61.00 each.

All of the newly-created shares were acquired by KGHM Polska Miedź S.A. at face value, i.e. PLN 61.00 each, and were paid for in cash.

The carrying amount of the acquired assets in the accounts of KGHM Polska Miedź S.A. is equal to their nominal value.

The shares acquired represent 23.36% of the share capital of PeBeKa S.A.

Acquisition of these assets was financed by the internal funds of KGHM Polska Miedź S.A. The assets acquired are of a long-term, equity investment nature.

Currently the share capital of PeBeKa S.A. amounts to PLN 64 638 162.00 and is divided into 1 059 642 shares of PLN 61.00 each. The total number of votes arising from all created shares after registration of this change in share capital is 1 059 642.
100% of the share capital of PeBeKa S.A. is owned by KGHM Polska Miedź S.A. Therefore KGHM Polska Miedź S.A. has the right to 100% of the votes at the General Meeting of the company.

The criteria used for describing the assets as significant is that the financial assets acquired by KGHM Polska Miedź S.A. exceed 20% of the share capital of PeBeKa S.A.

Legal basis: § 5 sec. 1 point 1 and 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 No. 209, item 1744 with subsequent amendments)