The Management Board of Energomontaż-Południe S.A. in Katowice (the Issuer, the Company) announces that, in executing Resolution No. 7 of the Extraordinary General Meeting of Shareholders of 20 December 2010 (the Resolution), the Company acquired 40,000 of its own shares under the procedure of Article 362 par. 1 pt. 8 of the Commercial Companies Code, in a session block transaction cleared on 31 January 2011.

The block transaction was concluded through the agency of Dom Maklerski. In accordance with Clause 1 par. 2 letter j) of the above Resolution, the purpose for which the own shares are acquired will be determined by the Management Board, after having sought the opinion of the Supervisory Board. In particular, the own shares acquired by the Company may be designated for further resale.

The average unit price of the shares purchased was PLN 3.80.

The par value of one share is PLN 1.00, and the total par value of the shares purchased is PLN 40,000.

The block purchased constitutes 0.06 per cent of the share capital, and provides 40,000 votes at the General Meeting of Shareholders (constituting 0.06 per cent of the total number of votes in the Company).

After the completion of the above transaction, the Issuer holds 889,000 own shares constituting 1.25 per cent of its share capital and providing 889,000 votes at the General Meeting of Shareholders (constituting 1.25 per cent of the total number of votes in the Company), and the average price of the shares purchases is PLN 3.77.

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