Reduction in the share of Stalprofil S.A. in the total number of shares in the General Meeting of Izostal S.A.

Date of issue: 2011-02-01

Legal basis: Art. 70 item 1 of the Offering Act   

SUBJECT:
Reduction in the share of Stalprofil S.A. in the total number of shares in 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 31, 2011 of the following notification on the reduction in the share of Stalprofil S.A. in the total number of votes in  Izostal S.A.:

In line with Art. 69 of the Act of July 29, 2005 on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organized Trading, and Public Companies (Offering Act) we inform that on January 31, 2011 the Management Board of STALPROFIL SA was informed about the change (reduction) in the share of STALPROFIL S.A. in the total number of votes in IZOSTAL S.A.
The change in the previously held share in the total number of votes in IZOSTAL S.A. followed the registration on 28.01.2011 by the District Court in Opole, 8th Business Division of the National Court Register, of the increase in the share capital of IZOSTAL S.A. through the public offering of K series shares in the number of 12,000,000 shares.

I. The previous shareholding status, prior to the aforesaid change:
Stalprofil S.A. held 19,739,000 shares of Izostal S.A., which was 95.16% of the share capital of Izostal S.A. These shares entitled the holder to 19,739,000 votes which was 95.16% of the total number of votes in Izostal S.A.

II. The current shareholding status, after the aforesaid change:
Stalprofil S.A. holds 19,739,000 shares of Izostal S.A., which is 60.28% of the share capital of Izostal S.A. These shares entitle the holder to 19,739,000 votes which is 60.28% of the total number of votes in Izostal S.A.

SIGNATURES OF PERSONS REPRESENTING THE COMPANY:
Management Board President, General Director, Władysław Mrzygłód  2011-02-01
Management Board Vice President, Financial Director Marek Mazurek 2011-02-01

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