Report No. 7 - Altus TFI S.A. - the notification of the reduction of the number of held shares of Stalexport Autostrada S.A.

The Management Board of Stalexport Autostrada S.A. (hereinafter referred to as the “Company”) hereby notifies that on 18 May 2015 it has received a notification of the reduction of the number of held shares of Stalexport Autostrada S.A. and falling below the 5% threshold in the total number of votes from ALTUS Towarzystwo Funduszy Inwestycyjnych S.A. with its registered office in Warsaw, which reads as follows:

“Acting pursuant to Article 69(1)(2) in conjunction with Article 87(1)(2) of the Act of 29 July 2005 on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organised Trading, and Public Companies (Dz. U. [Journal of Laws] of 2005, No. 184, Item 1539 as amended), ALTUS Towarzystwo Funduszy Inwestycyjnych S.A. (hereinafter referred to as “ALTUS TFI S.A.” or “Towarzystwo”) hereby notifies on behalf of the investment funds managed by ALTUS TFI S.A. that the total share of investment funds managed by ALTUS TFI S.A. in the total number of votes of Stalexport Autostrada S.A. with its registered office in Mysłowice (“Company”) has fallen below the 5% threshold.

Date and type of event resulting in the change of shareholding referred to in the above-mentioned notification:

The share in the total number of votes in the Company was reduced as a result of the transaction of selling 1,540,000 Company’s shares in the regulated market, which took place on 8 May 2015. The settlement of the transaction was completed on 12 May 2015.

The number of shares owned prior to the change of shareholding and their percentage in the share capital of the Company, as well as the number of votes related to these shares and their percentage in the total number of votes:

Directly prior to the event resulting in the reduction of share in the total number of votes in the Company, the investment funds managed by Towarzystwo jointly held 12,457,481 Company’s shares, representing 5.04% of the share capital of the Company and entitling to 12,457,481 votes in the Company, which constituted 5.04% of the total number of votes in the Company.

The number of shares and their percentage in the share capital of the Company, as well as the number of votes related to these shares and their percentage in the total number of votes:

Following the change of shareholding, the investment funds managed by the Towarzystwo jointly hold 10,917,481 Company’s shares, representing 4.42% of the share capital of the Company and entitling to 10,917,481 votes in the Company, which constitutes 4.42% of the total number of votes in the Company.

The total number of Company’s shares and the number of votes during the General Shareholders' Meeting amounts to 247,262,023.

There are no subsidiaries of the notifying shareholders holding Company’s shares. There are no persons specified in Article 87(1)(3c) of the above-mentioned Act in relation to the shareholders.”

Legal basis:

Article 70 of the Act of 29 July 2005 on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organised Trading, and Public Companies – purchase or disposal of a significant block of shares.