RB nr 54/2006

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 150,000 shares which were purchased by three major financial investors. In total the sold shares correspond to 2.38% of the share capital of the company. MCI Management S.A. got 1,950 thousand PLN for the sold shares, that is 13.00 PLN per each share. After the sale transaction MCI holds 2,110,480 One-2-One S.A. shares, which corresponds to 33.50% 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 191%.

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 within 12 months from the debut of One-2-One S.A. at the Warsaw Stock Exchange it may sell almost 6% of One-2-One shares held by the fund to financial investors to maintain its engagement in the company over 33%.

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