28.07.2009

Conclusion of major contract

On 28 July 2009 Stalprofil SA Management Board year received information about finalizing (signing by other parties of the contract) trade agreement between Stalprofil SA and ArcelorMittal Commercial Sections SA, based in Luxembourg, and ArcelorMittal Ostrava AS, based in Ostrava. This Agreement sets out the general conditions for commercial cooperation, aimed at stepping up sales in 2009 by Stalprofil SA - long steel products produced by ArcelorMittal. According to the estimates of the Company during the year 2009 on the basis of that agreement Stalprofil SA will make purchases of products from the steel group ArcelorMittal entities on the net value of about PLN 162,000,000.00. The supply of steel products manufactured by ArcelorMittal are made on the basis of orders made by the issuer during the period from the beginning of the year until the expiry of the term of the contract, ie until 31 December 2009.
The issuer considers the agreement to be significant because its value exceeds 10% of the equity capital of the Company.
Terms of the contract do not differ significantly from the conditions applicable to such agreements.