BPH TFI SA's exceeds 5% of the total number of votes at the General Meeting of Izostal S.A.

Date of issue: 2011-02-04

Current report no.: 13/2011

Legal basis: Art. 70 item 1 of the Offering Act - purchase or disposal of a significant block of shares

SUBJECT:
BPH TFI SA's exceeds 5% of the total number of votes at the General Meeting of Izostal S.A.

CONTENT OF THE REPORT:
The Management Board of Izostal S.A. ("Company”) informs on the receipt on January 4, 2011 of the notification from BPH TFI SA on them having exceeded 5% of the total number of votes at the General Meeting of Izostal SA, with the content as follows:
Based on Art. Art. 69 clause 1 and Art. 87 clause 1 item 2 and Art. 87 cl. 1 item 3b of the Act of July 29, 2005 on public offering and conditions for marketing financial instruments in an organized trading system and public companies (Journal of Laws of 2005 No. 184 item 1539) we hereby inform that due to the acquisition of the rights to the shares of IZOSTAL S.A. ("Company") by BPH Fundusz Inwestycyjny Otwarty Parasolowy and as exercise of the activities mentioned in Art. Art. 69 clause 2 item 4 of the Act on Trading in Financial Instruments (management of portfolios composed of a single or more financial instruments), BPH Towarzystwo Funduszy Inwestycyjnych SA ("BPH TFI") holds, on behalf of its clients and the Fund, the voting right at the General Meeting of the Company with over 5% of the total number of votes.
Date and type of event resulting in the change of shareholding: conclusion on January 26, 2011 of the transaction involving the acquisition of the rights to K series shares of the Company. Date of transaction settlement: January 31, 2011.

Number of rights to K series shares before the change in shareholding: 1614 021,  4.93 % of votes, 4.93% of capital
Number of rights to K series shares after the change in shareholding:   1644 021,  5.02% of votes, 5.02% of capital

SIGNATURES OF PERSONS REPRESENTING THE COMPANY:
Management Board President, General Director, Władysław Mrzygłód  2011-02-04
Management Board Vice President, Financial Director Marek Mazurek 2011-02-04

INFORMATION ON THE ENTITY:
Full name of the issuer: IZOSTAL SPÓŁKA AKCYJNA
Abbreviated name of the issuer:  IZOSTAL S.A
Sector based on the classification of Warsaw Stock Exchange:  Other industry
Address: 47-120 Zawadzkie Polna 3
Telephone: (77) 405 65 00
Fax: (77) 405 65 01
e-mail:info@izostal.com.pl
www.izostal.com.pl
VAT No. [NIP]:756-00-10-641
Statistical No. [REGON]: 530884678