25/2013 - Information on granting a suretyship by a subsidiary of the Issuer

The Management Board of Trakcja S.A. (hereinafter: “Company” or “Issuer”) hereby informs that on 16 March 2013, a subsidiary of the Issuer, Przedsiębiorstwo Robót Kolejowych i Inżynieryjnych S.A. (hereinafter: “PRKiI”) granted a joint and several suretyship for the obligations of the Issuer in relation with the agreement on revolving credit in credit account in an amount of PLN 60,000,000.00 (in words: sixty million zlotys) (hereinafter: “Agreement”) concluded between the Issuer and Alior Bank Spółka Akcyjna with its registered office in Warsaw (hereinafter: "Bank”).

The suretyship of PRKiI was granted up to the amount of PLN 120,000,000.00 (in words: one hundred twenty million zlotys).

Period of suretyship: 24 months from the day of terminating the Agreement.
Financial conditions of the suretyship: the suretyship was granted without remuneration.

Nature of the relations between PRKiI and the entity taking out the credit – the Issuer: PRKiI is a subsidiary of the borrower – Issuer (100% of shares).
The value of the suretyship exceeds 10% of the value of the Issuer’s equity.

Legal basis for the report: § 5, par. 1 point 7 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.