RB nr 2/2011

Legal basis: Art. 56 subpar. 1 pt. 2) of the Act on Public Offering – current and periodic information

Legal basis: Art. 56 subpar. 1 pt. 2) of the Act on Public Offering – current and periodic information and § 5 subpar. 1 pt. 25 of the Directive of the Minister of Finance on current and periodic information

After conducting the preliminary estimate of the annual financial results obtained during the preliminary summary of the last quarter 2010, the Management Board of MCI Management S.A. hereby presents the estimated consolidated net financial result for 2010. The forecast of the result was originally published in the current report no. 7/2010 from February 22, 2010 and then it was corrected in the current report no. 33/2010 from November 15, 2010.

Currently the consolidated net result for 2010 is estimated at PLN 148.8 million (growth y/y by 235%) and it is higher than the last published forecast (PLN 78.0 million) by 90.8%. This corrected estimate of the result was cause by a high growth in the value of the investment certificates of MCI.PrivateVentures FIZ in Q4 2010 (estimated consolidated net result for Q4 2010 is PLN 91.6 million.)

These estimates are based on the preliminary calculation of the value of assets managed by MCI group which as of the end of 2010 was PLN 756 million (growth y/y by 104%.) Consequently, the approximate value of equity (net assets) of MCI Management SA group as of the end of last year should be PLN 482 million (growth y/y by 81%.)

Roman Cisek – Member of the Management Board

Tomasz Czechowicz – President of the Management Board