The Management Board of KGHM Polska Miedź S.A. hereby announces - based on information received on 4 January 2005 pursuant to art. 147 of the Law on the public trading of securities - that Deutsche Bank Trust Company Americas (depositary bank in the depositary receipt program) has reduced its share in the total number of votes at the General Meeting of KGHM Polska Miedź S.A. to less than 5%. Currently Deutsche Bank Trust Company Americas holds 9 876 024 shares of KGHM Polska Miedź S.A., representing 4.94 % of the share capital of the Company. This amount of shares in addition grants the right to 9 876 024 votes, i.e. 4.94 % of the total number of votes at the General Meeting of KGHM Polska Miedź S.A.
The total number of shares issued by KGHM Polska Miedź S.A. amounts to 200 000 000. All of these shares are ordinary bearer shares. The maximum amount of votes arising from all issued shares is 200 000 000.