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. (“Company”) hereby informs that today, the Company received a notification about selection, by the General Directorate of National Roads and Motorways, Katowice Branch, of the bid of the Consortium of Mostostal Warszawa S.A. (“Leader”) and Acciona Construccion S.A. (“Partner”) as the most favourable in the limited tender for the “Construction of Express Road S-1 Pyrzowice - Podwarpie (III stage excluding section I Pyrzowice - Airport).

The bid submitted by the Consortium encompasses, in particular:

1. gross price: PLN 76.8 million

2. quality guarantee period: 10 years,

3. implementation deadline: 20 months.

The decision on selection of the most favourable bid is subject to an appeal which may be filed within 10 days from today.

The Company shall inform about conclusion of the contract in a separate report.