Disposal of own shares of the Issuer and decisions of the corporate bodies of the Company on a purchase of own shares

Publish date: 07.11.2011

Acting on the basis of the authorisation contained in Resolution No. 7 of the Extraordinary General Meeting of Shareholders of the Company of 20 December 2010 on authorising the Management Board of the Company to acquire own shares in the Company under the procedure of Article 362 par. 1 pt. 8 of the Commercial Companies Code (see Current Report No. 59/2010) and in connection with the approval by the Supervisory Board of the Company of the disposal of previously acquired own shares at a price of not less than PLN 4.10 per share as referred to in Current Report No. 45/2011 the Management Board of Energomontaż-Południe S.A. in Katowice (the Issuer the Company) announces that in a session block transaction the Company sold 678250 own shares at a unit own-share sale price of PLN 4.10. Settlement of the above block transaction for the sale of own shares was made on 11 July 2011.

Acting on the basis of the authorisation contained in Resolution No. 7 of the Extraordinary General Meeting of Shareholders of the Company of 20 December 2010 on authorising the Management Board of the Company to acquire own shares in the Company under the procedure of Article 362 par. 1 pt. 8 of the Commercial Companies Code (see Current Report No. 59/2010), and in connection with the approval by the Supervisory Board of the Company of the disposal of previously acquired own shares at a price of not less than PLN 4.10 per share, as referred to in Current Report No. 45/2011, the Management Board of Energomontaż-Południe S.A. in Katowice (the Issuer, the Company) announces that, in a session block transaction, the Company sold 678,250 own shares at a unit own-share sale price of PLN 4.10. Settlement of the above block transaction for the sale of own shares was made on 11 July 2011.

The nominal value per share is PLN 1.00, the total nominal value of the shares purchased being PLN 678,250.

The shares sold constituted 0.96 per cent of the share capital, providing 678,250 votes at the General Meeting of Shareholders of the Issuer, which is 0.96 per cent of the total number of votes in the Company.

After the completion of the above transaction, the Issuer no longer holds any of its own shares.

At the same time, the Company announces that the Management Board of Energomontaż-Południe S.A. has obtained the approval of the Supervisory Board of the Issuer for completing the first stage of the purchase of own shares and abstaining from further purchases of own shares.

Legal basis: Clause 5 par. 1 pt. 6 of the Regulation of the Minister of Finance dated 19 February 2009 on current and periodic information published by issuers of securities and on conditions for finding information required by the provisions of law of a country that is not a Member State to be equivalent.

SIGNATURES OF PERSONS REPRESENTING THE COMPANY

Krzysztof Jan Diduch - President of the Management Board
Radosław Kamiński - Member of the Management Board