Conclusion of an annex to the credit agreement with Bank Polska Kasa Opieki S.A.

07 Dec 2010

The Management Board of Cyfrowy Polsat S.A. (Company) hereby announces that on 6 December 2010 the Company received an annex to the credit agreement dated on 29 November 2010, concluded between the Company and Bank Polska Kasa Opieki S.A. (Bank), regarding the increase of the overdraft facility from PLN 100 million to PLN 139 million.

Interest rate on the overdraft facility is the sum of the reference rate WIBOR O/N and bank margin. Collateral for the overdraft facility is an execution statement of up to PLN 208.5 million. Other conditions remained unchanged.

The total value of the agreements concluded between the Bank and the Company or its subsidiaries in the past 12 months amounted to PLN 154 million.
The agreements were considered significant as their total value exceeds 10% of the revenues for the past 4 financial quarters.

Legal basis: Art. 56 sec. 1 item 2 of the Offering Act in connection with § 5 sec. 1 item 3 of the Finance Minister's Regulation of 19 February 2009 on current and periodic information submitted by securities' issuers and the conditions for recognizing as equivalent the information required by the laws of a state that is not a member state.

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Last updated 10/21/2014