Passing a resolution by the Annual General Meeting of Izostal S.A. on the payment of dividend for 2011.

Date  of issue: 2012-05-10

Legal basis: Art. 56 Clause 1 Item 2 of the Offering Act - current and periodic information.

SUBJECT: Passing a resolution by the Annual General Meeting of Izostal S.A. on the payment of dividend for 2011.

CONTENT OF THE REPORT:
On May 10, 2012 the Annual General Meeting of Izostal S.A. passed a resolution on appropriation of net profit for 2011. The Annual General Meeting of Izostal S.A. accepted the Management Board’s proposal on appropriation of net profit for 2011 and appropriated PLN 5,566,480.00 for a dividend to Company shareholders, which makes a dividend of PLN 0.17 per share. All the shares issued by the Company, that is 32,744,000 shares will be eligible for dividend. The Annual General Meeting of Izostal S.A. resolved that the date of the dividend right should fall on August 10, 2012 and the dividend payment date should fall on September 3, 2012.

Specific legal basis: §38 clause 2 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 2012-05-10
Management Board Vice President, Jacek Podwiński 2012-05-10

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