The Management Board of Mostostal Warszawa S.A. ("Company") on 15 June 2018 after obtaining complete set of documents informs that today it signed with Generali Towarzystwo Ubezpieczeń Spółka Akcyjna ("Generali TU SA") Annex No. 4 dated 7 June 2018 to the Framework Agreement for granting contract guarantees within the revolving limit.

Under the contract Generali TU S.A. will grant guarantees within the agreed revolving limit wil cover: bid bond payment, contract due performance, defects rectification, in the case of a joint performance guarantee the contract due performance and defects rectification, return of the advance payment.

The total limit is PLN 30 million and is valid until 19 May 2019.

The parties agree to secure the repayment claims by  Generali TU S.A. in the form of: blank promissory note 5 pieces together with the declaration to the promissory note.

Other terms of the contract do not differ from those commonly practices  for this type of contracts.

Legal basis:

Article 17 para. 1 of MAR Regulation.

Management Board of Mostostal Warszawa SA (“Company”) that on 19 July 2018 the Company as member of consortium consisting of Trakcja PRKiI (leader), Mostostal Warszawa SA (partner – 50% share in the consortium) and Przedsiębiorstwo Eksploatacji Ulic i Mostów Sp. z o.o. (partner) has signed with General Directorate for National Roads and Motorways,  Olsztyn Branch („Ordering Party”) contract as for the “Design and construction of the S61 express road Szczuczyn - Budzisko (state boarder) with the speration of tasks: Task No. 2: section Ełk Południe interchange - Wysokie interchange (along with transfer to national road no. 16)".

Contract value: PLN 685.94 mio gross.

Construction deadline: 19 June 2021.

Payment term: 30 after receiving the invoice.

Maximum warranty period is 10 years.

Due performance security: 10% of the contract value.

Legal basis:

Article 17 para. 1 of MAR Regulation.