Information on the agreements signed with Eutelsat S.A. on renting satellite capacity (significant agreement)

10 Oct 2009

The Management Board of the Cyfrowy Polsat S.A. (Company) informs that on 9 October 2009 it become aware of the fact of that on 1 October 2009 three long-term agreements were signed between the Company and Eutelsat S.A.. The object of the agreements is the continuation of renting transponders on HotBird 8 satellite. As a result of the signed agreements and an agreement dated 26 February 2009 (current report no 10/2009 dated 27 February 2009) the Company continues to have on its hand satellite capacity on four transponder HotBird 8 and 9.
The value of signed agreements is expressed in Euro and in the life of the agreements, converted into PLN at the rate of PLN 4.2640 per 1 euro, published by the National Bank of Poland on 9 October 2009, will equal to PLN 340 million.
All conditions of the agreements do not vary from market standards applied to this type of agreements.
The agreements have been deemed material due to the fact that their summarized value over their lifetime will exceed10% of revenues of the Company for the last four quarters.

Legal basis: Paragraph 5, section 1, point 3 of a Decree of the Finance Minister regarding current and
periodical information filed by issuers of securities.


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Last updated 10/21/2014