Significant packets of shares - change in the amount of shares held by Deutsche Bank Trust Company Americas

Thursday, 27 July, 2006

The Management Board of KGHM Polska Miedź S.A. announces – pursuant to an announcement received on 27 July 2006 under art. 69 of the Act dated 29 July 2005 on public offerings and conditions governing the introduction of financial instruments to organised trading, and on public companies, that Deutsche Bank Trust Company Americas (depositary bank in the depositary receipt program) has increased its commitment in the total number of votes at the General Shareholders Meeting of KGHM Polska Miedź S.A. to a level above 5% and owns 10 169 452 shares of KGHM Polska Miedź S.A., representing 5.08 % of the share capital of the Company and granting the right to 10 169 452 votes, i.e. 5.08% of the total number of votes.

Previously, in accordance with an announcement dated 19 June 2006, Deutsche Bank Trust Company Americas owned 9 719 504 shares of KGHM Polska Miedź S.A., representing 4.86% of the share capital of the Company and granting the right to the same number of votes.

Legal basis: art. 70 point 1 of the Act dated 29 July 2005 on public offerings and conditions governing the introduction of financial instruments to organised trading, and on public companies (Journal of Laws from 2005 Nr 184, item 1539)