RB nr 8/2012

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 preliminary estimation of the annual financial results obtained after receipt of the valuations of the certificates of the funds of MCI Management SA Capital Group and the summary of the costs incurred in the fourth quarter, the Management Board of MCI Management S.A. hereby presents the estimated consolidated net financial result for 2011. The forecast of the result was originally announced in the current report no. 5/2011 from March 17, 2011 and then it was corrected in the current reports on August 31, 2011 and December 22, 2011.

Currently the consolidated net result for 2011 is estimated at PLN 15 million and it is higher by 12 million than the last published forecast of the result (PLN 3 million forecast on December 22, 2011.) This correction of the estimate of the result was caused by higher than expected valuation of the certificates of MCI.EuroVentures due to the growth in the value of ABC Data SA shares in relation to the last assumptions when the forecast was announced.

The value of net assets per one share at the end of 2011 is estimated at PLN 8.7 and it is higher than the last forecast value (PLN 8.6) by 11%.

These estimates are based on the preliminary calculation of the value of assets managed by MCI group which as of the end of 2011 was about PLN 790 million. Consequently, the approximate value of equity (net assets) of MCI Management SA group as of the end of last year should be PLN 523 million (growth y/y by 5%.)

Magdalena Pasecka – Member of the Management Board
Tomasz Czechowicz – President of the Management Board