RB nr 14/2007

Legal basis: Art. 56 subpar. 1 pt. 2 of the Act on Public Offering

The Management Board of MCI Management S.A. informs that on March 14, 2007 MCI bearer series H share subscription agreements from the 3rd tranche of the Incentive Program of the company were signed.
In total 696,350 shares were taken up in the 3rd tranche at the issue price of PLN 1.04. The subscribers included the members of the Management Board and the company employees and ultimately at the beginning of 2008 also the Members of the Supervisory Board of MCI Management SA on whose behalf a trustee takes up 36,650 shares according to the Incentive Program.

Furthermore, according to Art. 160 of the Act on Trading in Financial Instruments, the Management Board of MCI Management SA received on March 15, 2006 detailed information on transactions of purchase of MCI shares carried out by persons obliged to do that (possessing access to confidential information):

Tomasz Czechowicz – President of the Management Board of MCI – 278,819 shares
Anna Hejka – Arczyńska – Member of the Management Board of MCI – 139,410 shares
Bogdan Wiśniewski – Member of the Management Board of MCI – 41,824 shares
Roman Cisek – Member of the Management Board of MCI – 34,852 shares
Andrzej Jasieniecki – Investment Director of MCI – 34,852 shares
Andrzej Lis – Investment Director of MCI – 34,852 shares
Piotr Kłodnicki – Investment Director of MCI – 34,852 shares
Maciej Kowalczyk – Investment Director of MCI – 34,852 shares
Ondrej Bartos – Investment Director of MCI – 17,426 shares
Dorota Stahl – Chief Accountant of MCI – 13,941 shares
Katarzyna Figat – Marketing Manager of MCI – 13,941 shares
Marcin Frączek – Finance Controller of MCI – 13,941 shares
Wojciech MrĂłz – Investment Analyst of – 2,788 shares

The number of shares granted to individual persons from the MCI Management SA team was set on the basis of the system of remuneration applied in the company, taking into account their position level as well as service and efficiency of work in the fund.

This is the last tranche of options in the Incentive Program of MCI Management SA for the years 2004-2006 which depended on the exceeding by the arithmetic mean of stock exchange quotations of MCI shares over three months of the level of PLN 6.00 by the end of 2006. This condition of the realization of options has been met on October 26, 2006.