The Management Board of Cyfrowy Polsat S.A. (Company) informs that on 6 October 2008 it received a copy of agreement for delivery of receiving equipment signed by EIC Spain S.L. (the Agreement). The Agreement shall be effective 2 October 2008. The value of agreements signed with this supplier in the last 12 months reached USD 34,877 thousand, which amount exceeds 10% of consolidated revenues of Grupa Cyfrowy Polsat (converted at the exchange rate of NBP of 2 October 2008), and therefore it meets the criteria set out in article 1 item 1 section 51 of Decree of the Finance Minister on current and periodical information forwarded by issuers of securities.
The agreement with highest value is the order dated 2 October 2007 placed on the basis of 14 April 2005. The subject of the order is supply of set-top boxes and its value is 18,825 thousand USD.
All conditions of the agreement do not vary from market standards applied to this type of agreements.
Starting today, the Company shall apply the consolidated revenue value for the previous four quarters for the criterion of considering an agreement significant. The Company believes that the consolidated revenue value is a criterion enabling relevant evaluation of an agreement's significance.
Legal grounds: Paragraph 5 item 1 section 3 of Decree of the Finance Minister on current and periodical information forwarded by issuers of securities.
raport_biezacy_30_2008_eng.pdf 37.8 KB
