RB nr 74/2004

Legal basis: § 5 subpar. 1 pt. 6 and 7 of RO

The Management Board of MCI Management S.A. informs that on December 21, 2004 it received information from a dependant company Process4E SA that according to the provisions defined in § 158 of the Warsaw Stock Exchange Rules, Process4E SA executed on December 21, 2004 a block trade of MCI Management S.A. shares. The object of the transaction was 1 000 000 ordinary bearer shares of MCI Management S.A. at the price of 2.30 PLN per one share. The nominal price of the shares is 1 PLN. The account for 2.64% of the share capital of MCI Management S.A. and they the right to 2.64% votes at the General Assembly of the Company. As a result of the above transaction Process4E S.A. currently does not hold any shares of MCI Management S.A.

Process4E S.A. purchased 1 million shares of MCI on October 30, 2003 paying 1 PLN for each share. On the basis of the agreement with MCI Management S.A. the shares were supposed to be the basis of the option plan. Due to the fact that the managers” option plan of MCI Management SA will be based of the issue of new shares (see details in current report 58/2004) Process4E sold the MCI Management S.A. shares it held.