Management Board of TOYA S.A. hereby informs that on 28 June 2012 TOYA S.A. and Raiffeisen Bank Polska S.A. seated in Warsaw, signed the annex to the Agreement on Debt Limit no CRD/L/11381/02 signed on 2 October 2002 of PLN 30 000 000 regarding an extension of the contract until 5 March 2013. The detailed terms and conditions of the Agreement on Debt Limit have been described in the Prospectus.
In relation to the existing conditions of the contract, margin was reduced and condition not to pay dividend for the years 2010-2011 in the amount exceeding 50% of net profit generated by TOYA S.A. in 2010-2011 has been waived.
The remaining terms of the contract do not differ from the conditions commonly used in other similar agreements.
The criteria used for describing the contract as significant is that the value of the contract exceeds 10% of TOYA S.A. equity.
Legal basis: Article 5 section 1 point 3 of the Decree of the Minister of Finance regarding current and periodic information.
Signatures:
Grzegorz Pinkosz – President of the Board
Dariusz Hajek – Vice President of the Board