RB nr 4/2007

Legal basis: Art. 56 subpar. 1 pt. 2 and Art. 69 subpar. 2 pt. 1 of the Act on Public Offering

The Management Board of MCI Management S.A. informs that the fund, carrying out its investment strategy, on Dec. 29, 2006 concluded a sale transaction of One-2-One S.A. shares. MCI sold 240,000 shares which were purchased by three major financial investors. In total the sold shares correspond to 3.81% of the share capital of the company. MCI Management S.A. got 3,120 thousand PLN for the sold shares, that is 13.00 PLN per each share. After the sale transaction MCI holds 1,870,480 One-2-One S.A. shares, which corresponds to 29.69% of the share capital of the company. The fund directly realized on this transaction 6,158% of the rate of return with the average annual IRR on investment in One-2-One S.A. in excess of 189.5%.

The partial exit of MCI Management S.A. from One-2-One S.A. is the continuation of the investment strategy of the fund for that company presented in the current report 28/2006 from August 14, 2006. According to the announced strategy MCI assumed that the long-term engagement of the Fund in the Company in excess of 25%, whereas the short-term engagement above 33%. Taking into account the interest of financial investors investing in One-2-One S.A. The Management Board of S.A. have decided to speed up the realization of the strategy and make an earlier decrease of the engagement for the benefit of financial investors. Ii is the intention of the Fund to build a group of large institutional investors among the shareholders of One-2-One SA. MCI Management SA is not planning any further sale of the shares of the company after June 30, 2007.

Due to the transactions being carried out the arrangement concluded with one of the financial investors refereed to in Report no. 53/2006 expires.

The stake of sold shares is not considered assets of significant value by MCI Management S.A.