RB nr 51/2006

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

The Management Board of MCI Management S.A. informs that on December 19, 2006 that the fund purchased 441 shares of the nominal value of 500.00 PLN in Comtica Sp. z o.o. MCI paid 254.24 thousand PLN for the purchased shares, that is 576.51 PLN per one share. The purchased shares correspond to 38.58% of the share capital of the company. This is the third round of investment in Comtica Sp. z o.o., after which the engagement of MCI Management S.A. in the company is 74.63%.

Comtica is a company operating in the field of mobile technologies, IT, Internet and media solutions. The company is the leader in solutions for media (play-out television systems, complex solutions in the area of interactive formats for TV, streaming video), as well as in mobile applications used mainly in logistics and forwarding as well as in systems which require dispersed management. Comtica focuses on improving business processes in medium-sized and large entities (such systems as Customer Relation Management and Content Management System) as well as on multimedia solutions integrating the audiovisual content.

The purchase of shares in Comtica sp. z o.o. by MCI Management S.A. means the support in preparing the strategy of growth for the nearest future, which also covers the possibility of trade sale of the Company. Soon Comtica will be focusing on solutions in the area of portals, CRM and CMS systems for medium-sized and large firms. Dziennik.pl project which is being carried out by the Company at the order of Axel Springer Polska is an example of such a solution. www.dziennik.pl is a full-fledged multimedia portal containing a content management system which is operated by the editorial team of Dziennik.

On the other hand, www.streemo.pl is a newly developed product and technology branch. This is an independent project regarding the internet community built around the sharing the video and audio content. YouTube is an example of this type of social networking. Streemo uses its own streaming video technology (also used in portal solutions) as well as mobile applications. Streemo is an example of the B2C model where both users and customers of the Company are individual persons using the functions of the social networking.

The purchased assets which correspond to over 20% of the share capital of Comtica sp. z o.o. and they are considered assets of significant value.