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”) in reference to current report No. 2/2018 of 05.01.2018 reports that the Consortium of Mostostal Warszawa S.A. ("Partner”) and Mostostal Płock S.A. (“Leader”) signed an agreement with PERN S.A. (“Employer”) for comprehensive performance of investment as a general contractor as part of performance of a task called “EXTENSION OF TANK FARM IN GDAŃSK BASE”; SAP No.: 1-10/004.

Completion of agreement implementation shall take place within 25 months from the date of its’ commencement, i.e. from the handing over of the construction site.

The value of the agreement amounts to PLN 142.95 million net.

Payment deadline: 30 days from delivery of the invoice to the Employer.

The guarantee period for works amounts to 60 months, including for devices according to the deadlines and principles granted by the manufacturer, not shorter than 24 months.

Performance bond for the contract: 10% of net contractual remuneration in cash or insurance or bank guarantees.