logo

Fulfilment of condition precedent under credit facility agreement for the refinancing of existing credit facility contracted to finance Grupa LOTOS S.A.'s inventories
Report no. 35/20122012-10-31

October 30th 2012 Grupa LOTOS submitted to BANK POLSKA KASA OPIEKI S.A., acting as credit facility Agent (see Current Report No. 32/2012), a resolution of the Grupa LOTOS Supervisory Board concerning approval of the credit facility agreement of October 10th 2012, concluded between the Company and a bank syndicate comprising the following banks:

- BANK POLSKA KASA OPIEKI S.A. of Warsaw, Poland,
- BRE BANK S.A. of Warsaw, Poland,
- ING BANK ŚLĄSKI S.A. of Katowice, Poland,
- NORDEA BANK AB (publ) of Stockholm, Sweden,
SOCIETE GENERALE S.A. of Paris, France.

Accordingly, the condition precedent was fulfilled and the agreement took effect.

The legal basis for the publication of this Current Report is Par. 5.1.4 of the Minister of Finance’s Regulation on current and periodic information to be published by issuers of securities and conditions for recognition as equivalent of information whose disclosure is required under the laws of a non-member state, dated February 19th 2009.