Changes in the Supervisory Board of Cyfrowy Polsat S.A.

The Management Board of Cyfrowy Polsat S.A. (Company) hereby informs that on 4 July 2008 the Annual Ordinary Meeting of Shareholders, with its resolutions no 20, 21, 22, 23, 24 and 25 on changes in the Supervisory Board decided to dismiss Mariola Gaca, Anna Kwaśnik and Zdzisław Gaca from the Supervisory Board of Cyfrowy Polsat S.A. and decided to nominate Robert Gwiazdowski, Leszek Reksa and Zygmunt Solorz-Żak to the Supervisory Board of Cyfrowy Polsat S.A.

The curriculum vitae of the new Supervisory Board Members are as follows:

Robert Gwiazdowski, a Doctor of Law, has engaged postdoctoral degree conferral procedures on the Law and Administration Faculty of the University of Warsaw. Since 1997, holder of Investment Advisor title. Mr. Gwiazdowski is also an arbiter in arbitrary proceedings in the Stock Exchange Court within the Warsaw Stock Exchange S.A.. He is the president of Adam Smith Centre. In 1985 - 2006 he was a senior researcher at the University of Warsaw (assistant and then lecturer on the Law and Administration Faculty). In 1992-2002 he was partner in Smoktunowicz & Falandysz Legal Office. In 1994-2004 he was the Head of Tax Commission of Adam Smith Centre. Since 2002 he has run a business within legal and tax, and also finance and economic consultancy, trading as Gwiazdowski Consulting. Mr. Gwiazdowski is an author of commentaries regarding tax and economic topics in Polish TV and radio stations, and an author of numerous publications and articles. Mr. Gwiazdowski is the Supervisory Board member of Gemius S.A., MNI S.A. (independent member of the Supervisory Board) and DGA S.A. (independent member of the Supervisory Board).

Andrzej Gwiazdowski does not run a business competitive to Cyfrowy Polsat S.A. and is not entered into the Registry of Insolvent Debtors held by the Registry Court.

Leszek Reksa, is a graduate of the Foreign Trade Faculty of the School of Planning and Statistics (now the Warsaw School of Economics). He has extensive professional experience on managerial positions in various companies. For over 15 years he has been employed on managerial positions in the banking sector (PKO BP S.A.). He also has great experience of work in statutory bodies of legal companies - held a position of President of Board of PHU BIMOT S.A., Member of Supervisory Board of Bankowy Fundusz Leasingowy S.A. and Member of Supervisory Board of Zakłady Azotowe Kędzierzyn S.A.

Leszek Reksa does not run a business competitive to Cyfrowy Polsat S.A. and is not entered into the Registry of Insolvent Debtors held by the Registry Court.

Zygmunt Solorz-Żak is one of the greatest private entrepreneurs in Poland. Mr. Solorz-Żak between 1998 and 1999 was the owner of Foreign Enterirpise Solpol, and since 2003 has co-created Telewizja Polsat S.A. and since its establishment has been the President of the Supervisory Board of Telewizji Polsat S.A. Within the investment interest of Mr. Solorz-Żak, there are not only media, but his portfolio also includes, among others: Elektrim, Invest-Bank, PAK, Powszechne Towarzystwo Emerytalne Polsat, or Towarzystwo Ubezpieczeń na Życie Polisa-Życie. Mr. Solorz-Żak has large experience of working in statutory bodies of legal companies - since 2000 has been the President of the Supervisory Board of Polsat Media, and since 2002 President of the Supervisory Board of Invest Bank S.A., and since 2003 President of the Supervisory Board of Elektrim S.A.

Mr. Zygmunt Solorz-Żak  does not run a business competitive to Cyfrowy Polsat S.A. and is not entered into the Registry of Insolvent Debtors held by the Registry Court.

Relations between the members of bodies of the company and the shareholders

Zygmunt Solorz-Żak directly owns 10,603,750 shares (3.95% share in the equity of the Company) and also indirectly owns 148,771,250 shares through Polaris Finance B.V. Zygmunt Solorz-Żak holds directly and indirectly 159,375,000 shares representing 59.40% equity of the Company and representing 67.60% of votes on the AGM.

Robert Gwiazdowski and Leszek Reksa meet the criteria of independence set forth in the Code of Best Practice for WSE Listed Companies in Chapter III point 6.
Legal grounds: Paragraph 5 sec. 1 passage 21 and 22 of the Regulation of the Minister of Finance on  current and periodic information to be published by issuers of securities.