40/2012 - Information on the General Meeting of Lithold AB, the Issuer?s subsidiary, adopting a resolution on liquidation

The Management Board of Trakcja - Tiltra S.A. (“Company”) hereby informs that today, i.e. on 29 June 2012, the General Meeting of the Issuer’s subsidiary: Lithold ABwith its registered office in Vilnius (Lithuania) (previously: Tiltra Group AB) adopted a resolution on the liquidation of the company as part of insolvency proceedings. According to the requirements of the Lithuanian law, the company did not appoint a liquidator. The reason of adopting the resolution on the liquidation of Lithold AB was negative financial results for the financial year 2011 and failure to perform obligations towards creditors. Pursuant to the resolution, a petition to declare the insolvency of Lithold AB will be filed within two months from the date of its adoption.

Legal basis:  § 5, paragraph 1, item 24 of the Regulation of the Minister of Finance dated 19 February 2009 on the current and periodic disclosures to be made by issuers of securities and conditions for recognition as equivalent of information whose disclosure is required under the laws of a non-member state.