The Management Board of Mostostal Warszawa S.A. (“Company”) informs that today, the Company signed an agreement with Mennica Polska S.A. for performance of construction work as part of an investment task under the name: construction of a multi-family residential building with service functions and underground garage, area management, entry to the real property and the necessary technical infrastructure, including municipal transformer stations, located in the area of plots with Nos. 110/1, 110/3, 110/4 within area 6-01-06, constructions of exits on fragments of road lanes of ul. Pereca, plot No. 10/1 within area 6-01-06 and construction of the necessary technical infrastructure on plots with No. 6, 10/1 within area 6-01-06 at ul. Waliców 11 in Warsaw, along with disassembly of a part of the Aurum office building located on plot with No. 110/3 within area 6-01-06 at ul. Waliców 11 in Warsaw.

Completion deadline of the agreement: 31 May 2019.

The value of the agreement amounts to: PLN 103.150 million net + VAT.

Payment deadline: 30 days from invoice receipt.

Guarantee period:

- 6 years for the investment task in total, encompassing, in particular, construction work and additional work, including finishing work;

- a minimum of 24 months for equipment and machines or for a longer period of time resulting from a guarantee indicated by the manufacturer of the equipment.

Performance bond for the contract: bank performance bond for the total amount of 10% of the net contract value.

The Management Board of Mostostal Warszawa S.A. (“Company”, “Contractor”) informs that yesterday the Company signed an agreement on construction work in Ronson Development Partner 4 Spółka z ograniczoną odpowiedzialnością - Panoramika Spółka komandytowa (“Investor); the agreement is going to be executed in the general contractor system and will consist in construction and procurement of a final occupancy permit for a multi-family residential building, specified in design documentation as “L3” building, along with single-storey underground garage, above-ground parking spaces, necessary access roads and accompanying infrastructure, including networks and connections, as well as management of the area in Szczecin at ul. Panoramiczna and Krasińskiego on a plot with record No. 50/9 from Pogodno district (“Investment”).

Execution deadline: 16 months from notifying the Contractor by the Investor about the intention to commence the Investment and additionally 2 months for procurement, on the Investor’s behalf, of a decision on occupancy permit for the Investment.

Remuneration of the Contractor: PLN 15.45 million net.

The Investor has a right to terminate the Agreement by 31.12.2018. If the Contractor is late with completing the shell of L4 building, constructed on the basis of a separate agreement on construction work, about which the Company informed in current report No. 67/2017 of today, the deadline reserved for the Investor for exercising the contractual right to termination of the Agreement shall be extended by the number of days equal to the number of days of the Contractor's delay, yet shall not take place later than 30.04.2019.

The Company shall inform about the fulfilment of terms referred to above in a separate notification.