The Management Board of Cyfrowy Polsat S.A. (the "Company") hereby announces that on January 7, 2015 it received a notification from Mr. Zygmunt Solorz-Żak, Chairman of the Supervisory Board of the Company, provided under article 160 of the Act of 29 July 2005 on Trading in Financial Instruments.
According to the received notification, on December 30, 2014, Argumenol Investment Company Limited, seated in Nicosia, Cyprus, entity controlled by Mr. Solorz-Żak, disposed to Embud Sp. z o.o. seated in Warsaw, Poland, entity also controlled by Mr. Solorz-Żak 29,648,775 ordinary series J bearer shares of the Company.
According to Mr. Solorz-Żak’s notification, the total price of the disposed shares of the Company amounted to PLN 736,179,083.25, i.e. 24.83 per share. The registration of the disposed shares on the securities account took place on December 30, 2014.