Dear Sirs,

I would like to kindly inform you that today, on January 23, 2019, the Management Board of ZE PAK SA and PAK KWB Konin SA received an information about issuing by the Local Government Appeals Court in Konin (SKO) a decision refusing to annul an environmental decision issued by the Commune Head of Wierzbinek for Tomisławice open-pit. We accept that statement with satisfaction and contentment, particularly that the case has been going on for over 10 years.

We are aware that the ruling of SKO in Konin, which is favourable for PAK KWB Konin SA, does not formally end the proceedings, but it is a positive assessment of our activities carried out on the functioning Tomisławice open-pit.

At the moment we are waiting for a formal delivery of a decision, which we will immediately analyse.

Vice President acting President of ZE PAK SA Management Board

Marcin Ginel