EGSM on 9.11.2006

The Management Board of STALEXPORT SA in Katowice acting on the basis of art. 399 §1 and art. 400 §1 of the Commercial companies code convenes:
EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS
which will be held on 9.11.2006 at 11:00 in the seat of the Company in Katowice, at 29 Mickiewicza Street.
Agenda:

1. Opening of the Shareholders General Meeting.
2. Election of the Chairman of the Shareholders General Meeting.
3. Determination of whether the General Meeting has been duly convened and has capacity to undertake resolutions.
4. Adopting of the resolution regarding an election of the Scrutinisers.
5. Approval of agenda.
6. Adopting a resolution in regard to examining by an expert for specific matters, at the Company? s cost, the following:

• the issues in regard to managing the Company by the Management Board in scope of matters connected with negotiating, concluding and executing the investment agreement with particular consideration of:

a) negotiation procedure with potential investors and reasons for choosing an investor, with which the agreement was concluded,
b) procedure in regard of adjusting the content of the agreement with the Employees Trade Union acting in the company,
c) procedure/process of accepting the content of the agreement by the supervising authorities in the Company,

• conditions on which the investment agreement of 26.06.2006 was concluded, in particular:

a) rights and liabilities of the parties of the investment agreement,
b) risk of not meeting the accepted liabilities by the Company,
c) security of the Company?s interest,
d) possible threats, losses and cost the Company can bear as a result of not meeting the conditions of the agreement,
e) other possible infringements and threats for the Company connected with the concluded agreement,
f) security of interests and an observation of the principle of equal treatment of the shareholders of the Company,
g) security of the employees ?rights.
7. Closing of the debate.
The legal and organisational matters:

1. According to art. 406, § 3 of the Commercial companies code and art. 9 passage 3 of the Act on trading of financial instruments (Journal of Law No 183 dated 23rd September 2005) ? the right to participate in the General Meeting belongs to the owners of shares who, to 02.11.2006 including - from 8:00 a.m. to 4:00 p.m. will submit in the seat of the Company the required documents. The registration of the persons entitled to participate and giving the voting cards will take place on the day of the General Meeting - outside the conference room from 10:00 a.m. The documents and information materials required by law, connected with the General Meeting will be available in the seat of STALEXPORT SA in time required by law.
2. The shareholders can participate in the General Meeting as well as vote personally or by the representatives acting on the basis of the written proxy. The representatives of the legal entities are obliged to show actual précis of the register showing the persons entitled to represent that entities. The person not mentioned in the précis should present a proxy in writing.

The Management Board of
STALEXPORT SA