RB nr 53/2009

Legal basis: Art. 70 subpar. 1 of the Act on Public Offering

The Management Board of MCI Management SA informs that on November 10, 2009, according to Art. 69 subpar. 2 pt. 2) of the Act on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organized Trading and Public Companies, it received the following information:

On the basis of provisions of Art. 69 subpar. 2 pt. 2) of the Act from July 29, 2005 on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organized Trading and Public Companies (Journal of Laws No. 184, item 1539, as amended, hereinafter the “Act”) Immoventures Sp. z o.o., with its registered seat in Wrocław, ul. Bartoszowicka 3, 51-641 Wrocław, hereby informs that in connection with the transaction made on November 10, 2009 the share of Immoventures Sp. z o.o. in the total number of votes in the general assembly of MCI Management SA („Company”) increased by more than 1%.

Before November 10, 2009 Immoventures Sp. z o.o. held 15,204,565 shares in MCI Management SA, which represents 33.42% of the share capital of the Company and entitles to exercise 15,204,565 votes in the general assembly of the shareholders of the Company, which represents a 33.42 % share in the total number of votes in the general assembly.

As a result of the conducted settlements as of November 10, 2009 Immoventures Sp. z o.o. holds 17,022,542 shares in MCI Management SA, which represents a 35.98% interest in the share capital of the Company and entitles to exercise 17,022,542 votes in the general assembly of the shareholders of MCI Management SA, which represents a 35.98% share in the total number of votes in the general assembly.

This transaction consisting in taking up new issue shares within a non-public offer at PLN 4.27 per one share which was made on the basis of provisions of the agreement from July 14, 2009 regarding conversion of the loan granted to MCI Management SA by Immoventures Sp. z o.o., into the Company shares at issue price not lower than the market price of the shares of the Company calculated as the arithmetic mean of the rate of the shares of the Company from the last 20 stock exchange sessions before the agreement was signed reduced by 5%.

Furthermore, the Management Board of MCI Management SA informs that in connection with the transaction described above on November 10, 2009, according to Art. 160 of the Act on Trading in Financial Instruments it additionally received the following information:

1. name and surname of the obliged person: Tomasz Czechowicz
2. legal connection between the obliged person and the issuer: President of the Management Board of MCI Management SA – President of the Management Board of Immoventures Sp. z o.o.
3. name of entity making the transaction: Immoventures Sp. z o.o.
4. financial instrument and issuer whom the information regards: shares in MCI Management SA
5. kind and method of transaction: purchase – non-public issue of issuer’s shares
6. date and place: November 10, 2009, Warsaw
7. price and volume: 1.817.977 (say: one million eight hundred seventeen thousand nine hundred seventy seven) shares at PLN 4.27 per one share)

1. name and surname of the obliged person: Roman Cisek
2. legal connection between the obliged person and the issuer: Member of the Management Board of MCI Management SA – Vice-President of the Management Board of Immoventures Sp. z o.o.
3. name of entity making the transaction: Immoventures Sp. z o.o.
4. financial instrument and issuer whom the information regards: shares in MCI Management SA
4. kind and method of transaction: purchase – non-public issue of issuer’s shares
5. date and place: November 10, 2009, Warsaw
6. price and volume: 1.817.977 (say: one million eight hundred seventeen thousand nine hundred seventy seven) shares at PLN 4.27 per one share)

1. name and surname of the obliged person: Konrad Sitnik
2. legal connection between the obliged person and the issuer: Vice-President of the Management Board of MCI Management SA – Member of the Supervisory Board of Immoventures Sp. z o.o.
3. name of entity making the transaction: Immoventures Sp. z o.o.
4. financial instrument and issuer whom the information regards: shares in MCI Management SA
5. kind and method of transaction: purchase – non-public issue of issuer’s shares
6. date and place: November 10, 2009, Warsaw
7. price and volume: 1.817.977 (say: one million eight hundred seventeen thousand nine hundred seventy seven) shares at PLN 4.27 per one share)

Summing up, the Management Board of MCI Management SA gladly informs that as a result of the transaction described above, which was made on the basis of the agreement referred to in the Company’s current report no. 35/2009, MCI Management SA caused the conversion of PLN 7.76 million of debt which was the result of the loan from Immoventures Sp. z o.o. into new issue shares.