Significant packets of shares - change in the amount of shares held by the State Treasury

Thursday, 17 May, 2007

The Management Board of KGHM Polska Miedź S.A. announces that on 16 May 2007 the Company received from the State Treasury Ministry an announcement on the transfer of ownership on 15 May 2007 to 5 000 000 shares of KGHM Polska Miedź S.A. to the company Kompania Węglowa S.A. This packet of shares represents 2.5% of the share capital of KGHM Polska Miedź S.A. and of the total number of votes.

Following this transaction the State Treasury owns 83 589 900 shares of KGHM Polska Miedź S.A., representing 41.79% 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)