Conclusion of an annex to the agreement of commercial cooperation with the subsidiary KOLB sp. z o.o.

On 08 June 2011 Stalprofil SA (the seller) entered into an annex to the trade cooperation agreement with its subsidiary KOLB sp. z o.o. in Kolonowskie (the buyer). The cooperation agreement, about which Stalprofil SA informed in the current report 5/2011, sets out the terms and conditions under which the buyer in 2011 purchases from the seller metallurgical products offered by him.

Concluded annex increases the planned sales volume of steel products in 2011 by Stalprofil SA to KOLB sp. z o.o.
Stalprofil SA estimates that the total supply of steel products based on the agreement in 2011 will amount to approximately 35 million PLN (net value).

Other terms and conditions remain unchanged. The conditions of the contract do not differ from those commonly used for these type of contracts.
Concluded agreement meets the criterion of a significant agreement because its total value exceeds 10% of the equity of the issuer.