PeBeKa

The PeBeKa S.A. Mine Building Company has on the present day, by resolution of the Extraordinary General Meeting, gained a raise in company stock of 15 million zlotys. Gained funds will be spent for purchase of specialized mining devices.
Company stock was raised by the amount of 15,100,001 zlotys with the emission of 247,541 new individual shares of the AG series numbered 000001 to 247541 with minimum worth of 61 zlotys each. New shares were all overtaken by KGHM Polska Miedź S.A. and will be covered with monetary input, divided into three payments. First payment is due at the end of the year, the second – March 2009, and the last one will be transferred to PeBeKa at the end of May 2009. The assets bought are considered a long-term capital investment.
KGHM Polska Miedź S.A. has made a decision to increase funding of PeBeKa S.A. for a particular purpose: it wants a solid and strong executor of mining works. Thus, the funds gained will be spent on heavy mining equipment purchases – renewal of the machine park is crucial due to the increased flow of commissions from the copper tycoon. The equipment bought will be used for the realization of the investment program of KGHM Polska Miedź S.A. in comprehensive mine workings execution. The machines planned for purchase include loaders, but also a delivery wagon, a drilling wagon and an anchoring wagon.
PeBeKa’s stock after registering the raise will amount to 64,638,162 zlotys and will be divided into 1,059,642 shares, 61 zlotys in face value each. KGHM PM S.A. is the owner of 100% of PeBeKa S.A.’s shares and thus holds the right to 100% of voices at the General Meeting.