38/2014 - Information on the conclusion of the annexe to the material agreement

The Management Board of Trakcja PRKiI S.A. ("Company", "Issuer"), in connection with the current report no. 35/2010, hereby informs about the mutual signing by Trakcja PRKiI S.A. in Warsaw, the Representative of the Consortium composed of:

1. Trakcja PRKiI S.A. with its registered office (former: Trakcja S.A.) – Representative of the Consortium;

2. PKP Energetyka S.A. with its registered office in Warsaw – Partner of the Consortium;

3. Przedsiębiorstwo Napraw Infrastruktury Sp. z o.o. in arrangement bankruptcy, with its registered office in Warsaw – Partner of the Consortium;

4. Przedsiębiorstwo Robót Mostowych "Mosty-Łódź"S.A. with its registered office in Łódź – Partner of the Consortium;

5. "INTOP Warszawa" Sp. z o.o. with its registered office in Warsaw – Partner of the Consortium;

6. Pomorskie Przedsiębiorstwo Mechaniczno-Torowe Sp. z o.o. with its registered office in Gdańsk – Partner of the Consortium;

and

PKP Polskie Linie Kolejowe S.A. with its registered office in Warsaw of the Annexe of 31 December 2014 ("Annexe") to the material agreement for the construction works of the modernisation of line no. 9 on the section from 236,920 km to 287,700 km covered in the area of the Local Control Centre in Malbork, under the Project: No. OPIE 7.1-1.3 "Modernisation of railway line no. E 65/ CE 65 on the section Warsaw – Gdynia – Local Control Centre in Iława, Local Control Centre in Malbork" ("Agreement") concluded on 27 May 2011.

The detailed information on the Agreement, including its value, the Company included in the current report no. 35/2011 of 27 May 2011.

The deadline for completing the works has been defined in the Agreement as 30 months from the date of commencement of the works, about which the Company informed in the current report no. 35/2011. The deadline was extended by 9 months on the basis of the annexe, about which the Company informed in the current report no. 74/2013. Subsequently, the deadline was extended till 31 December 2014 on the basis of the annexe, about which the Company informed in the current report no. 23/2014.

By virtue of the Annexe mentioned in this report, the Parties have changed the deadline for completing the works and decided that the works shall be completed by 30 June 2015.

The remaining provisions of the Agreement remain unchanged.

The Agreement shall be considered material if its total value exceeds 10% of the Company’s equity.

Legal basis:

§ 5, sec. 1 point 3 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.