Information on share disposal

29 Jun 2011

The Management Board of Cyfrowy Polsat S.A. (the Company) hereby announces that on June 29, 2011 the Company received from Mr. Zygmunt Solorz-Żak, Chairman of its Supervisory Board, the information provided under Article 160 Section 1 item 1 in conjunction with Section 2 item 4 paragraph b of the Act of July 29, 2005 on Trading in Financial Instruments (consolidated text: Dz. U. of 2010 No. 211, item 1384, as amended) regarding the following share sale transactions by entities closely related to Mr. Zygmunt Solorz-Żak:

- Polaris Finance B.V. with its registered office in Rotterdam, the Netherlands (Polaris) sold
6,083,182 (six million eighty three thousand one hundred and eighty two) shares in the Company;
- Karswell Limited with its registered office in Nicosia, Cyprus (Karswell) sold 68,023,662 (sixty
eight million twenty three thousand six hundred and sixty two) shares in the Company.

The price was PLN 15.70 per share, both transactions were executed on a regulated market, in the form of a block transaction, on June 22, 2011.

Mr. Zygmunt Solorz-Żak holds 85% of shares in Polaris.

Mr. Zygmunt Solorz-Żak holds 100% of shares in Karswell.

Legal basis: Article 160 Section 4 of the Act on Trading in Financial Instruments re insider trading

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Last updated 10/06/2014