RB nr 40/2006

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

The Management Board of MCI Management SA informs that on November 8, 2006 the law firm representing the Company in the dispute against the Treasury of the State regarding the losses suffered and lost opportunities on the shares of JTT Computer SA caused by its bankruptcy as a result of activities of tax authorities received an order for payment issued on October 31, 2006 by the Circuit Court in Wrocław Civil Division I (file ref. no. INc332/06). It is the result of consideration by the Court of the claim filed by MCI on October 2, 2006.
According to the order referred above the Treasury of the State – Director of Tax Audit Office in Wrocław shall pay PLN 38,512,000.- that is full amount of the claim with statutory interest on the above amount (calculated from June 8, 2006 till the payment date) and PLN 53,815.- as the trial costs within two weeks (by November 22, 2006) or file an appeal within the term mentioned above against the order for payment.
As indicated by the legal attorney of MCI, the order is not yet final and unappealable and as such it is not a security warrant as it is issued in the proceedings by writ of payment. According to Art. 505 §1 of the Code of Civil Procedure in the case when an appeal is lodged by the Treasury of the State, an order for payment becomes invalid and the Court shall order the delivery of the appeal to MCI with a subpoena.