2015-08-11

Legal basis
Article 56 paragraph 1 item 1 of the Offer Law - confidential information

Current report no. 21/2015

The Management Board of Zakład Budowy Maszyn "ZREMB-CHOJNICE" S.A. ("the Issuer"), acting pursuant to § 56 paragraph 1 of the Law on public offer and terms and conditions for introduction of financial instruments to an organised turnover system and on public companies of the 29th July 2005 (Journal of Laws of 2005 No. 184, item 1539 as amended - hereinafter referred to as "the Law"), hereby informs that due to the limitations in energy supply and consumption introduced by the electric energy transmission network operator (according to the announcement of Polska Sieć Energetyczna S.A. which announced that 20th, 19th, and 11th supply levels, correspondingly, have been introduced in the whole country) and electric energy deficit occurring due to the above limitations from the 11th August 2015, the Issuer was forced to introduce the production process at night, instead of the previous daily system.

The above may considerably influence the current activity of the Issuer, in particular it may lead to a change in the deadline of the planned realizations and in the arranged supply schedules with the contracting parties. As a result, unless the terms and conditions of the contracts being fulfilled by the Issuer are changed, the above reasons (out of control of the Issuer) may result in its breaching the terms and conditions of the contracts being fulfilled and considerably influence the production decrease and, at the same time, the Issuer's income. Currently, the Issuer is not able to assess the financial consequences of the temporary limitations in electric energy supply for the Issuer's activity.

The Company has commenced organizational actions in order to minimize the influence of the limitations on the production volume.

The issuer shall inform the market with a separate current report about work resumption and production under normal conditions.

SIGNATURES OF PERSONS ACTING ON BEHALF OF THE COMPANY
Date Name and Surname Position/Function Signature
2015-08-11 Danuta Maria Wruck Deputy Chairman of the Management Board
2015-08-11 Kazimierz Stanisław Cemka Deputy Chairman of the Management Board

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