Completion of the Tender Offer for the sale of shares in Midas S.A.

The Management Board of Cyfrowy Polsat S.A. (the “Company”), the parent company of Polkomtel sp. z o.o. (“Polkomtel”), the party announcing the tender and acquiring shares in Midas S.A. (“Midas”) (the “Shares”) under the tender offer for the sale of the Shares, announced on 29 February 2016 (the “Tender Offer”), hereby gives notice that upon the closing of subscriptions for the Shares on 19 April 2016 216 subscriptions were made for a total of 403,054,449 shares in Midas giving the right to 403,054,449 votes at the General Meeting and representing 27.2395% of the total number of votes  and share capital of Midas.

Prior to the announcement of the Tender Offer Polkomtel held indirectly, through Litenite Limited with its registered office in Cyprus, 976,542,690 shares in Midas giving the right to up to 976,542,690 votes at the General Meeting and representing 65.9975% of the total number of votes and share capital of Midas.

The acquisition of the shares in Midas under the Tender Offer was closed today as a result of the subscriptions placed in the Tender Offer, however the transaction will be settled and the Shares effectively acquired on 27 April 2016. Upon the transaction settlement: (i) Polkomtel will hold directly 403,054,449 shares in Midas giving the right to 403,054,449 votes at the General Meeting and representing 27.2395% of the total number of votes and share capital of Midas while its indirect shareholding in Midas remains unchanged; (ii) Cyfrowy Polsat will hold indirectly, through the following companies: Metelem Holding Company Limited with its registered office in Cyprus, Eileme 1 AB (publ) with its registered office in Sweden, Eileme 2 AB (publ) with its registered office in Sweden, Eileme 3 AB (publ) with its registered office in Sweden, Eileme 4 AB (publ) with its registered office in Sweden, Polkomtel and Litenite Limited, 1,379,597,139 shares in Midas giving the right to 1,379,597,139 votes at the General Meeting of Midas and representing 93.237% of the total number of votes and share capital of Midas.

Legal basis: Article 56 Section 1 point 1 of the Act on the Public Offerings and Conditions of the Introduction of Financial Instruments to the Organized System of Trading and on Public Companies.