Public offer

The Issuer’s  initial capital is  4.040.183,20 PLN and is divided into 20.200.916 sshares of the value of of 0,20 PLN each, including:

• 12.707.800 shares  emitted in  series A – the shares have been emited in result of transforming the state-owned Przedsiębiorstwo Montażu Aparatury Pomiarowej i Automatyki „ENERGOAPARATURA” seated in Katowice into the sole Treasury company.
• 2.692.200 shares  emitted in  series B – the Company initail capital has been inceased  by 384 600 PLN to the value of 2 200 000, 00 PLN by emitting 384.600 pcs of ordinary shares of the nominal value of 1,00 PLN. each. The prospectus had been approved by the Financial Supervision Committee ( FSC) on 24 June, 1997.

The initial nominal value of the shares  has been 1,40 PLN. On 25 January, 2005 the EGSM changed the nominal values of the series A and B shares from 1,40 PLN to 0,20 PLN.

• 1.000.000 shares  emitted in  series C – the shares have been emiited to increase the inital capital of the Company. This emission was directed to the managing personnel of the Company.
• 3.800.916 shares  emitted in  series D – within the bankruptcy recovery proceedings the Company’s liabilities have been conversed into shares, resulting in the initial capital increase to the value of  3.840.183,20 PLN.

The C,D and E (emission failed) shares have been covered by  the prospectus, approved by the FSC on 22 January, 2008.