53/2011 - Announcement on change in the possession of a total number of votes at the General Meeting of Shareholders by a shareholder of COMSA S.A.

The Management Board of Trakcja – Tiltra S.A. (the “Company”) hereby announces that pursuant to Article 69 paragraph 1 point 2 of the Act of 29 July 2005 on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organized Trading, and Public Companies (the “Act on Public Offering”), in conjunction with Article 87 paragraph  1 point 3 letter c of the Act on Public Offering, on 5 July 2011 received a notice from COMSA S.A., a company governed by Spanish law, having its registered office in Barcelona ("COMSA"), stating that on 30 June 2011 it ceased to be a party to the agreement of 18 November 2010, the subject matter of which was the delegation of powers to exercise voting rights (the “Agreement”) entered into between COMSA S.A. and (i) AB INVALDA with its registered office in Vilnius, Lithuania, (ii) UAB NDX ENERGIJA, with its registered office in Vilnius, Lithuania, (iii) Mr. Jonas Pilkauskas (iv) Mr. Mindaugas Aniulis (v) Mr. Nerijus Eidukevicius, (vi) Mr. Romas Matiukas, (vii) Mrs. Vaida Balči?nien?, (viii) Ms. Irene Angel Černeviči?t?, (ix) Mr. Vidmantas Drizga and Mr. Romanas Aniulis (the “Transferors”). The information concerning the provisions of the Agreement and its conclusion was published in the Company's current report No. 29/2011 of 6 May 2011.

Due to the expiry of the Agreement, COMSA S.A. is not entitled to exercise voting rights attached to 72,000,000 shares representing 31.02% of the share capital and representing 31.02% of the total number of votes at the General Meeting of Shareholders, held by the Transferors.   Before the expiry of the Agreement, COMSA S.A. and its subsidiary Comsa Emte sp. z o.o., together with votes transferred under the Agreement, was entitled to exercise voting rights, attached in total to 153,145,510 shares, representing 65.98% of the share capital of the Company, entitling to 153,145,510 votes at the General Meeting of Shareholders, which accounted for 65.98% of the total number of votes.

Currently COMSA S.A. and its subsidiary Comsa Emte z o. o. have a total of 81,145,510 shares of the Company, representing 34.96% of the share capital of the Company. These shares entitle to exercise 81,145,510 of voting rights at the General Meeting of Shareholders of the Company, representing 34.96% of the total number of votes at the General Meeting of Shareholders.

Legal basis:Article 70 paragraph 1 of the Act of 29 July 2005 on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organized Trading, and Public Companies