61/2013 – Information on filing the petition to set conciliatory hearing

The Management Board of the company Trakcja S.A. (“Company”) hereby informs than on 20 June 2013, the Company acting on behalf of the petitioners, composing the consortium, i.e. Trakcja S.A., Przedsiębiorstwo Robót Kolejowych i Inżynieryjnych S.A.,Przedsiębiorstwo Robót Komunikacyjnych w Krakowie S.A., ZUE S.A., Przedsiębiorstwo Napraw i Utrzymania Infrastruktury Kolejowej w Krakowie Sp. z o.o., Zakład Robót Komunikacyjnych DOM w Poznaniu Sp. z o.o. (hereinafter jointly referred to as the “Petitioners, “Consortium”)filed with the District Court for Warsaw Praga-Północ in Warsaw, 7th Commercial Division, through Poczta Polska S.A, the petition to set conciliatory hearing with PKP Polskie Linie Kolejowe S.A. with its registered office in Warsaw (“Petition to set conciliatory hearing”). Subject of the proceedings: PLN 95,297,116.95.

The petition to set conciliatory hearing was filed in connection with the performance of the agreement by the Consortium for the benefit of the Ordering Party, which was concluded on 31 May 2010 with respect to construction works for the comprehensive modernization of stations and routes within the area of  LCS Działdowo under  POIiŚ 7.1-41 project: “Modernization of the E-65/C-E 65 Warsaw – Gdynia – LCS Działdowo railway line” (“Contract”), about which the Company informed in current report no. 9/2010 of 31 May 2010. The Company acting on behalf of the Petitioners applied for conciliatory hearing to be set with the Ordering Party with respect to payment of PLN 95,297,116.95 as contractual penalty payable for the benefit of the Petitioners due to failure to meet contract deadline for making the site available by the Ordering Party.

Additionally, the Company hereby informs that on 21 June 2013 – acting on behalf of the Consortium – it issued a debit note due to the aforesaid contractual penalty imposed on the Ordering Party in the amount of PLN 95,297,116.95, with the payment deadline of 14 days from the date of receipt of such note.

In the opinion of the Company, the demand for payment of the contractual penalty made by the Petitioners was fully justified.

The value of the subject of the proceedings exceeds 10% of the Company’s equity.

Legal basis: § 5, par. 1 point 8 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.