RB nr 6/2005

Legal basis: Art. 81 subpar. 1 pt. 2 PPO

The Management Board of MCI Management S.A. informs that the portfolio company S4E SA (MCI shareholding – 84.43%) – distributor of advanced solutions for data storage, archiving and protection informed about its results for 2004: almost twofold increase of sales and over fivefold increase of net profit.

In 2004 S4E SA experienced a significant growth strengthening its position in the market of distribution of advanced mass memory solutions and almost twofold increase of revenues up to 14.5 mln PLN (from 7.5 mln PLN in 2003). Furthermore, the dynamic growth of consulting and implementation services resulted in over fivefold increase of net profit of the company up to 460 thousand PLN. S4E SA provides hardware and software, as well as services exclusively through the partner”s channel.

After over three years of its operations the Company has reached a permanent operational profitability. In 2005 the Company is going to continue to extend both the resources and technological competences as well as sales channel. S4E SA is financially strong and ready for further dynamic growth. The strategic target of S4E SA for the years 2005-2006 is to attract a branch investor or raise funds from the stock exchange for the planned consolidation of the domestic market.