Corporate

Cyfrowy Polsat Group entered into a facility agreement with a consortium of Polish and foreign financial institutions comprising a term facility of up to PLN 11.5 billion and a revolving facility of up to PLN 1 billion, which, together with Series A unsecured bearer bonds with the total nominal value of PLN 1 billion, issued in July of this year, will be used to refinance the whole Group indebtedness.

Cyfrowy Polsat – the biggest media-and-telecommunications group in Poland with 6 million contract customers, providing 16,3 million RGUs: mobile telephony, pay TV and Internet access – was distinguished for the second time by the British financial magazine Euromoney in the „Best Managed Companies in Central & Eastern Europe 2015” ranking.

Cyfrowy Polsat Group published the results for Q2 and H1 2015.

Cyfrowy Polsat S.A. has successfully issued corporate unsecured series A bearer bonds having with the nominal value of PLN 1 billion. The bonds have been registered in the National Depository for Securities and will be listed in the ASO Catalyst Alternative Trading System.

Following the public offer, which commenced on July 2, 2015 and was addressed to at least 150 designated addressees, on July 10 the bonds were allocated to 52 investors who included numerous investment and pension funds as well as the European Bank for Reconstruction and Development (EBRD).

As a result of consistent implementation of its strategy of development in the area of integrated services, Cyfrowy Polsat Capital Group recorded growth of operating profit in Q1 2015 and maintained its leading position on key markets, i.e. pay TV, contract mobile services and TV (both in the mainstream and thematic channels).

Cyfrowy Polsat Group in Q1 2015:

In connection with the information regarding refinancing of its total debt being contemplated by Cyfrowy Polsat Group, Standard&Poor's Rating Services (S&P) placed Cyfrowy Polsat’s and Polkomtel’s ratings on its CreditWatch Positive.

Cyfrowy Polsat Capital Group is analyzing the possibility and potential terms of refinancing its current debt in order to simplify its structure, further optimize the terms and reduce the cost of its servicing.

In reference to investors’ inquiries as well as information published in the media, the company confirms that it has begun preliminary analyses of possibilities and potential terms of refinancing of the Capital Group’s current debt which amounts to PLN 13 bn.

As a result of the concluded acquisition agreements, aligned with the Group’s development strategy in the new technologies area, Teleaudio Dwa, the leader in Premium Rate services, and InterPhone Service, the manufacturer of modern, general purpose telecommunication and electronic appliances, have joined Cyfrowy Polsat Group. The total value of the transaction was PLN 35 million.

It is the fifth time that Cyfrowy Polsat has been presented an award in the prestigious Listed Company of the Year ranking organized by “Puls Biznesu” daily. The company took the first place in the Investor Relations category and was seventh overall.

The 2014 Listed Company of the Year gala was held yesterday in Teatr Wielki – Polish National Opera where the awards were presented to the best companies listed on Warsaw Stock Exchange. The diplomas for Cyfrowy Polsat were received by the company’s CEO, Mr. Tomasz Gillner-Gorywoda.

Cyfrowy Polsat Capital Group posted very good operational and financial results for Q4 and for the whole of 2014.