23/2014 – Information on Conclusion of Annexe to Material Agreement

With reference to Current Report No. 35/2011, the Management Board of Trakcja PRKiI S.A. (“Company” or “Issuer”) hereby informs that Trakcja PRKiI S.A. in Warsaw, as the Leader of Consortium, and PKP Polskie Linie Kolejowe S.A. in Warsaw signed an annexe of 8 September 2014 (“Annexe”) to the material agreement for the implementation of construction works involving the modernisation of line no. 9 in the section from km 236.920 do km 287.700 within the area of the Local Control Centre with its registered office in Malbork under the OPIE project 7.1-1.3 “Modernisation of the E 65/ C.E 65 Railway Line, in the Warszawa-Gdynia-Area of the Local Control Centre in Iława, Local Control Centre in Malbork Section” (“Agreement”), concluded on 27 May 2011.

Detailed information regarding the Agreement, including its value, was provided by the Company in Current Report No. 35/2011 of 27 May 2011.

The aforementioned Consortium is composed of:

- TRAKCJA PRKiI S.A. (formerly “Trakcja S.A.”) with its registered office in Warsaw (acting as the Authorised Representative (Leader) of Consortium),

- PKP Energetyka S.A. with its registered office in Warsaw,

- Przedsiębiorstwo Napraw Infrastruktury Sp. z o.o. in arrangement bankruptcy with its registered office in Warsaw,

- Przedsiębiorstwo Robót Mostowych Mosty-Łódź S.A. with its registered office in Łódź,

- INTOP Warszawa Sp. z o.o. with its registered office in Warsaw,

- Pomorskie Przedsiębiorstwo Mechaniczno-Torowe Sp. z o.o. with its registered office in Gdańsk.

According to the Agreement, the works were to be completed within 30 months from their commencement, about which the Company informed in Current Report No. 35/2011. Next the completion date was extended by 9 months under the annexe, of the conclusion of which the Company informed in Current Report No. 74/2013.

By virtue of the Annexe referred to herein, the Parties amended the time limit for the completion of works and agreed that the works would be completed by 31 December 2014.

The said Annexe contains no provisions regarding any contractual penalties.

Any other provisions of the Agreement remained unchanged.

The Agreement has been considered to be material due to the fact that its value exceeded 10% of the Company's equity.

Legal basis for the report: § 5 item 1 point 3 of the Regulation of the Minister of Finance of 19 February 2009 on current and periodic information published by issuers of securities and the conditions for regarding information required by the law of a non-member state as equivalent.