Current reports

The Management Board of Cyfrowy Polsat S.A. (the Company) hereby notifies that during the Extraordinary General Meeting of the Company, held on 16 January 2014, three objections were raised vis-à-vis a resolution of the Extraordinary General Meeting which were recorded in the minutes of the meeting.

All objections were raised vis-à-vis the Resolution No. 7 regarding the conditional increase in the share capital of the Company by way of an issue of series I shares.

The Management Board of Cyfrowy Polsat S.A. (the Company) hereby releases the content of the following documents:

The Management Board of Cyfrowy Polsat S.A. (the Company) hereby gives notice that on 22 January 2014 it adopted a new dividend policy for the Company.

The new dividend policy shall come into effect as of and first apply to the standalone net profit for the financial year ending 31 December 2014.

The Company intends to provide its shareholders with a share in the generated profit through the payment of dividends.

The Management Board of Cyfrowy Polsat S.A. (the Company) hereby announces that on 22 January 2014 it received lock-up letters addressed to the Company from the following companies - Karswell Limited, Sensor Overseas Limited and Argumenol Investment Company Limited.

The Management Board of Cyfrowy Polsat S.A. (the Company) hereby informs that the Extraordinary General Meeting of the Company at the meeting on 23 January 2014 adopted the resolution on the break of the General Meeting until 24 January 2014, 2.00 p.m CET. The General Meeting will continue in Warsaw at ul. Łubinowa 4a.

The Management Board of Cyfrowy Polsat S.A. (the Company) hereby publishes the resolution adopted by Extraordinary General Meeting of the Company on 23 January 2014, attached hereto.

Appendix: Content of resolutions (.pdf)

The Management Board of Cyfrowy Polsat S.A. (the Company) hereby publishes the list of shareholders authorized to at least 5 % of votes at the Extraordinary General Meeting of the Company convened for 16 January 2014, attached hereto.

Appendix: A list of shareholders authorized to at least 5% of votes at the Extraordinary General Meeting (.pdf)

The Management Board of Cyfrowy Polsat S.A. (the Company) reports that on April 28, 2014 the Polish Financial Supervision Authority approved the prospectus of the Company's Series I and Series J shares prepared for the purposes of applying for the admission of these shares to trading on a regulated market operated by the Warsaw Stock Exchange.

With reference to the current reports No. 22/2013 of 14 November 2013 and 27/2013 of 19 December 2013, the Management Board of Cyfrowy Polsat S.A. (the Company) announces that on 25 February 2014 the Company and a group of financial institutions commenced negotiations that are intended to provide the Company with the refinancing for a full repayment of the Company's outstanding indebtedness under the Senior Facilities Agreement of 31 March 2011, as amended, and under the Senior Secured Notes issued pursuant to the Indenture of 20 May 2011.

With reference to a current report of Cyfrowy Polsat S.A. (the Company) No. 26/2014 regarding the execution of a significant credit agreement, that is the Senior Facilities Agreement, by the Company on 11 April 2014 (the Facilities Agreement), the Management Board of the Company announces the repayment on 7 May 2014 of the entire indebtedness under: