Termination of credit agreement with BRE Bank SA

In reference to the current report no. 22/2011 the Board of Stalprofil SA informs that on 20 September 2012, Stalprofil SA signed an annex to the credit agreement (medium-term) in the amount of PLN 10 million with BRE Bank SA in Warsaw, O/Katowice, by which this agreement was terminated on the basis of mutual agreement.
Termination of the agreement with BRE Bank SA was at the request of Stalprofil SA and held in accordance to the Company\'s credit policy. Thehe decision to terminate the loan agreement was dictated by the resignation of the Company\'s currently unused bank product.
Stalprofil SA continues to use the credit limit at BRE Bank SA in the total amount of PLN 25 million, including:
- revolving working capital loan (short-term) in the amount of PLN 10 million, until 30 January 2013,
- multi-currency loan in the current account in the amount of PLN 15 million, until 30 January 2013.
The Company considers the agreements concluded to be significant, because their total value exceeds 10% of the equity of the issuer.