16/2013 – Announcement on a change in the total number of votes held by Invalda AB

The Management Board of Trakcja S.A. (“Company”) hereby informs that pursuant to Art. 69 par. 1 point 2 of the Act of 29 July 2005 on public offering and the conditions for introducing financial instruments to organized trading system and on public companies (“Act on Public Offering”), on 1 March 2013 the Company received from Invalda AB, a company under Lithuanian law with its registered office in Vilnius (“Invalda”), a notification stating that as a result of transactions performed by Invalda at the Warsaw Stock Exchange in Warsaw and as a result of exchanging 131 series D bonds issued by the Company for 119,090,904 series H shares in the Company and increasing the share capital of the Company, of which the Company informed in current report no. 15/2013 of 28 February 2013 (“Conversion”), the number of shares held by Invalda in relation to the total number of shares at a general meeting of the Company fell below 5%.

Invalda informed the Company that according to the last notification sent by Invalda, and published by the Company in current report no. 64/2012 of 9 November 2012, the number of shares and votes held by Invalda was 23,109,687, which constituted 9.957% of the share capital of the Company and of the total number of shares at a general meeting of the Company.

As a result of the transactions performed by Invalda at the Warsaw Stock Exchange in Warsaw between 9 November 2012 and 28 February 2013, the number of shares held by Invalda decreased to 15,226,824, constituting 6.560% of the share capital of the Company. These shares entitled to 15,226,824 votes at a general meeting of Company, which constituted 6.560% of the total number of votes in the Company.

As a result of the Conversion, after increasing the share capital of the Company, the percentage share of Invalda in the share capital of the Company and in the total number of shares was proportionally decreased. As of 28 February 2013, the shares and votes held by Invalda (15,226,824) constituted 4.336% of the share capital of the Company and of the total number of shares in the Company.

Invalda informed the Company that further decreases or increases of its participation in the share capital of the Company, in the period of 12 months, will depend on the situation on the market. Furthermore, Invalda informed the Company that its subsidiaries do not hold any shares in the Company and that Invalda did not enter into any agreements for transfer of voting rights in the Company, as mentioned in Article 87 par. 1 point 3(c) Act on Public Offering.

Legal basis: Art. 70 of the Act of 29 July 2005 on public offering and the conditions for introducing financial instruments to organized trading system and on public companies.