The Management Board of Mostostal Warszawa S.A. informs that today the company signed with Medical Investment Trust Sp. z o.o., a contract for “the execution of works under the general contractor for the investment involving the construction of the hotel building with apartments at the intersection of Mestwina and Międzymorze in Jurata with an underground garage with land development and technical infrastructure on the plot with registration number 326 of 0003 precincts Jastarnia".

The parties agreed the deadline for the completion of contract till 6 February 2018. 
The value of the contract amounts to PLN 14.50 million net.

Payment deadline: 30 days from the date of filing the invoice.

Guarantee periods: 60 months for the quality guarantee and guarantee for physical defects in the object of the contract.

The security for the proper performance of subject of the Agreement and claims arising from it is unconditional insurance performance guarantee of 10% of net salary. In the guarantee and warranty period the Contractor shall provide an unconditional and payable on each request bank or insurance guarantee removal of faults and defects after the final acceptance of the subject of the Agreement in the amount of 5% of the net salary.

The Management Board of Mostostal Warszawa S.A. informs that today, the Supervisory Board of Mostostal Warszawa S.A. elected, in line with the recommendation of the Audit Committee, KPMG Audyt Sp. z o.o. with its registered office in Warsaw, ul. Inflancka 4A, 00-189 Warsaw, to perform audit of annual financial statements of the Company and consolidated statements of Grupa Kapitałowa Mostostal Warszawa for the year 2017. The Issuer did not use the services of the elected entity with respect to the audit of financial statements of the Company and consolidated statements of Grupa Kapitałowa Mostostal Warszawa. The choice of the auditor took place in line with the binding provisions and professional standards. The agreement is concluded for the period of one year.

KPMG Audyt Sp. z o.o. is entered in the list of entities authorised to audit financial statements maintained by the National Council of Statutory Accountants under entry No. 458.

Legal basis for report submission:

§ 5.1.19 of the Regulation of the Minister of Finance on current and periodical information published by issuers of securities and on conditions under which information required by legal regulations of a third country may be recognised as equivalent.