Conclusion of a significant agreement.

Date  of issue: 2013-04-15
 
Legal basis: Art. 56 Clause 1 Item 2 of the Offering Act - current and periodic information.
 
SUBJECT: Conclusion of a significant agreement.

CONTENT OF THE REPORT:
On April 15, 2013 Izostal S.A. concluded a contract with ZRUG Zabrze S.A. Company that belongs to the Stalprofil S.A. group of companies. As a result since January 30, 2013 (current report no. 2/2013) the total value of contracts concluded by Izostal S.A. with Stalprofil S.A. and with subsidiaries of Stalprofil S.A. exceeded 10% of Izostal’s equity capital and was equal PLN 26.437.000 (net value).

During this period of time the Contract with the highest value was the steel pipes purchase transaction concluded on February 14, 2013 between Izostal S.A. (Purchaser) and Stalprofil S.A. (Seller). Its total value was equal EUR 2.853.000 (net value), which, after converting according to the average exchange rate of the National Bank of Poland on the completion date, is PLN 11.920.000 (net value).
The subject of the order will be delivered by the Seller until May 31, 2013.
No contractual penalties are anticipated in the concluded Contract and the terms and conditions of business do not diverge from commonly used conditions for the contracts of this type.

Transactions concluded in the period of time mentioned above with Stalprofil S.A. Company and its subsidiary companies meet the criterion of being a significant agreement as its total value exceeds 10% of Company’s equity capital.

Specific legal basis: §5 clause 1 item 3 of the Ordinance of the Minister of Finance of February 19, 2009 on current and periodic information disclosed by the issuers of commercial papers and the conditions for recognizing as equivalent the information required by the laws of a non-member state (Journal of Laws No. 33, item 259 as amended).

SIGNATURES OF PERSONS REPRESENTING THE COMPANY:
Management Board President, Marek Mazurek 2013-04-15
Management Board Vice President, Jacek Podwiński 2013-04-15
 
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