10/2013 – Receipt of request for conversion of D bonds into H bonds.

The Management Board of Trakcja S.A. (“Company”), in regard to current report no 8/2013 of 1 February 2013, hereby informs that on 4 February 2013, the Company received from the holders of D bonds issued on 31 January 2013 convertible to the Company’s H bonds (respectively: “Bonds”, “Shares”), requests for conversion of the Bonds in total number of 131 into Shares in total number of 119,090,904. The conversion price (issue price) was set in compliance with resolution no 4 of the Company’s General Meeting of 12 December 2012 and conditions of Bond issue at the level as indicated at the said meeting for the first conversion period, in the amount of PLN 0.55 per one Share.

The conversion of Bonds into Shares shall take place by means of registering the Shares on relevant recording accounts maintained by the Warsaw Stock Exchange and de-registering the Bonds therefrom. The conversion shall be completed upon recording the Shares at a relevant stock account owned by the Bond holders subject to conversion into Shares.

In separate report or reports, the Company shall inform about the conversion of Bonds into Shares pursuant to provisions of § 5 sec. 1 point 10 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 the Act on Public Offering and Conditions Governing the Introduction of Financial Instruments to Organised Trading and Public Companies.