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Trakcja – Tiltra: Information on non-fulfillment of the condition subsequent in the agreement regarding suspension of enforcement procedures concluded by the Issuer's subsidiary company (Poldim S.A.)

With reference to the current report no 3/2012 of January 11, 2012, the Management Board of the company Trakcja – Tiltra S.A. (the “Company”) informs that it has become aware of the fact that on January 17, 2012 Powszechna Kasa Oszczędności Bank Polski S.A.,  Bank Millenium S.A. and ING Bank Śląski S.A. filed declarations that they agree to transfer into the bank account as indicated by Poldim S.A. located in Tarnów any cash paid during the Transition Period (as defined in the current report no 3/2012) and after its expiration by the debtors of Poldim S.A. and those of other Group companies (within the meaning of the current report no 3/2012) due to trade receivables transferred to the benefit of Powszechna Kasa Oszczędności Bank Polski  S.A., Bank Millenium S.A. or ING Bank Śląski S.A. before the effective date of the agreement regarding suspension of enforcement procedures concluded by Poldim S.A. on January 11, 2012. Ipso facto, the condition subsequent in the abovementioned agreement was not satisfied, wch means that the said agreement is binding for all the parties thereto.