2/2013 - Adoption of the resolution on the issue and early redemption of bonds.

The Management Board of the company Trakcja S.A. ("Company") informs that the Management Board and the Supervisory Board of the Company adopted resolutions on the issue of series C, D and E bonds as well as on the acquisition of series A and B bonds issued by the Company for the purpose of their redemption.

In compliance with the adopted resolutions of the Management Board and the Supervisory Board, the Company is going to issue the following:

 - up to 36,500 bearer bonds series C of nominal value of PLN 1,000 each and total maximum nominal value not exceeding PLN 36,500,000. Such bonds shall be secured with a registered pledge on 148,981shares in AB Kauno tiltai owned by the Company, which constitute 96.837 per cent of the share capital of AB Kauno tiltai;

- up to 204 convertible bonds series D of nominal value of PLN 500,000 each and total maximum nominal value up to PLN 102,000,000 following authorisation contained in resolution no 4 of the Extraordinary General Meeting of the Company dated 12 December 2012. Such bonds shall be unsecured registered bonds, convertible to ordinary bearer shares series H issued by the Company under its contingent share capital.

- up to 29,000 bonds E series of nominal value of PLN 1,000 each and maximum nominal value not exceeding PLN 29,000,000. These shall be the unsecured bearer securities.

The Issuer is planning to apply for the introduction of series C and E bonds into the alternative trading system Catalyst run by the Warsaw Stock Exchange (Giełda Papierów Wartościowych S.A.).

The Management Board has not taken a decision on the exact date of issue of the above-described debt securities.   The Company shall inform thereof in separate current reports pursuant to § 5 sec. 1, point  11 of the Ordinance of the Minister of Finance of 19 February 2009 on current and periodic information published by issuers of securities and conditions for recognising as equivalent information required by the laws of a non-member state.

The Management Board of the Company also informs that in compliance with the resolutions of the Management Board and the Supervisory Board, it has been decided that the Company shall acquire bonds series A and B issued by the Company on 19 April 2011 for the purpose of their redemption. The payment for A and B Bonds shall be settled by means of a cash payment and deduction of mutual liabilities owing to some bond holders from the Company and to the Company from such bond holders. The Management Board of the Company informs that the decision on the date of redemption of A and B Bonds has not been taken yet. The Management Board of the Company shall inform thereof in separate current reports pursuant to § 5 sec. 1, point  6 of the Ordinance of the Minister of Finance of 19 February 2009 on current and periodic information published by issuers of securities and conditions for recognising as equivalent information required by the laws of a non-member state.

Legal basis: Article 56 sec. 1, point  1 of the Act of 29 July 2005on public offering and the conditions for introducing financial instruments to organized trading system and on public companies (Journal of Laws, No. 184, item 1439, as amended).