Transaction with its subsidiary Izostal SA

On September 29, 2011 Stalprofil S.A. concluded another commercial transaction with its subsidiary Izostal SA seated in Zawadzkie. The transaction covers the sale of steel products by Stalprofil SA to Izostal SA. Consequently to the concluded transaction, the value of goods (steel products) sold by Stalprofil SA to this customer from 22.02.2011 (date of publishing the current report 4/2011) to date has exceeded 10% of Company equity.
Total value of steel products sale realized by Stalprofil SA to Izostal SA from 22.02.2011 to 29.09.2011 amounts to PLN 29,350 thousand (net).
The largest-value contract concluded by the parties in this period is the steel products sale transaction concluded on July 28, 2011 of the vaue of PLN 2,432 thousand (net).
The terms and conditions of the contract (transaction) do not provide for contractual damages and do not vary from the conditions applied commonly for such contracts.
The aggregate steel products sale transactions with this customer meet the criterion of a significant contract as their aggregate value exceeds 10% of the issuer\'s equity.


Legal basis: §5 cl. 1 item 3 of the Ordinance of the Minister of Finance of February 19, 2009 on current and periodic information (...)