CYFROWY POLSAT SA Registration of amendments to the Articles of Association of Cyfrowy Polsat S.A. and the consolidated text of the Articles of Association of the Company

The Management Board of Cyfrowy Polsat S.A.(the "Company') hereby informs, that on December 16, 2014 it was notified about the registration on December 9, 2014 by the District Court for the Capital City of Warsaw in Warsaw, XIII Business Division for the National Court Register of amendments to the Articles of Association of the Company.

The Articles of Association of the Companywere amended based on the resolution number 6 of the Extraordinary General Meeting of the Company held on September 23, 2014, as follows:

I. The wording to date of Article 8 of theArticles of Association of the Company as follows:

"Art. 8

Share capital of the Company amounts to13,934,113.44 (thirteen million nine hundred thirty four thousand one hundred and thirteen 44/100) zlotys, and is divided into 348,352,836 (three hundred forty eight million three hundred fifty two thousand eight hundred and thirty six) shares of face value of four groszy (0.04 zlotys) each, including:

1. 2,500,000 (two million five hundredthousand) registered shares series A, privileged as to the voting rights, identified by the numbers A No. 1 - 2,500,000. Each A series share gives a right to two (2) votes in a General Meeting.

2. 2,500,000 (two million five hundredthousand) registered shares series B, privileged as to the voting rights identified by the numbers B No. 1 - 2,500,000. Each B series share gives a right to two (2) votes in a General Meeting.

3. 7,500,000 (seven million five hundredthousand) registered shares series C, privileged as to the voting rights identified by the numbers C No. 1 - 7,500,000. Each C series share gives a right to two (2) votes in a General Meeting.

4. 175,000,000 (one hundred seventy fivemillion) shares series D, identified by the numbers D No. 1 - 175,000,000 including:

a) 166,917,501 (one hundred sixty sixmillion nine hundred seventeen thousand five hundred and one) registered shares, privileged as to the voting rights in a manner that each of the shares entitles to two (2) votes in a General Meeting identified by the numbers D No. 1 - 166,917,501,

b) 8,082,499 (eight million eighty twothousand four hundred and ninety nine) bearer shares identified by the numbers D No. 166,917,502 - 175,000,000.

5. 75,000,000 (seventy five million)ordinary, bearer shares series E identified by the numbers E No. 1 - 75,000,000.

6. 5,825,000 (five million eight hundredtwenty five thousand) ordinary, bearer shares series F identified by the numbers F No. 1 - 5,825,000.

7. 80,027,836 (eighty million twenty seventhousand eight hundred and thirty six) bearer shares identified by the numbers H No. 1 - 80,027,836."

was replaced with the following wording:

"Art. 8

Share capital of the Company amounts to25,581,840.64 (twenty five million five hundred eighty one thousand eight hundred forty 64/100) zlotys, and is divided into 639,546,016 (six hundred thirty nine million five hundred forty six thousand sixteen) shares with a nominal value of 4 (four) groszy (0.04 PLN) each, including:

1. 2,500,000 (two million five hundredthousand) series A registered shares, privileged as to the voting rights, identified by the numbers A No. 1 - 2 500 000. Each series A share gives a right to two (2) votes in a General Meeting.

2. 2,500,000 (two million five hundredthousand) series B registered shares, privileged as to the voting rights, identified by the numbers B No. 1 - 2 500 000. Each series B share gives a right to two (2) votes in a General Meeting.

3. 7,500,000 (seven million five hundredthousand) series C registered shares, privileged as to the voting rights, identified by the numbers C No. 1 - 7 500 000. Each series C share gives a right to two (2) votes in a General Meeting.

4. 175,000,000 (one hundred seventy fivemillion) series D shares, identified by the numbers D No. 1 - 175 000 000, including:

a) 166,917,501 (one hundred sixty sixmillion nine hundred seventeen five hundred one) registered shares, privileged as to the voting rights in such a way that each of these shares gives the right to 2 (two) votes at the General Meeting, identified by the numbers D No. 1 - 166 917 501

b) 8,082,499 (eight million eighty twothousand four hundred ninety nine) bearer shares, identified by the numbers D No. 166 917 502 - 175 000 000.

5. 75,000,000 (seventy five million) seriesE bearer shares, identified by the numbers E No. 1 - 75 000 000.

6. 5,825,000 (five million eight hundredtwenty five thousand) series F bearer shares, identified by the numbers F No. 1 - 5 825 000.

7. 80,027,836 (eighty million twenty seventhousand eight hundred thirty six) series H bearer shares, identified by the numbers H No. 1 - 80 027 836.

8. 47,260,690 (forty seven million twohundred sixty thousand six hundred ninety) ordinary series I bearer shares, identified by the numbers I No. 1 - 47 260 690.

9. 243,932,490 (two hundred forty threemillion nine hundred thirty two thousand four hundred ninety) ordinary series J bearer shares, identified by the numbers J No. 1 - 243 932 490."

II. The wording to date of Article 15,section 1 of the Articles of Association of the Company as follows:

"Art. 15 sect. 1

The Management Board shall be composed ofone (1) member, including the President of the Board."

was replaced with the following wording:

"Art. 15 sect. 1

The Management Board shall be composed of 1(one) or more members, including the President of the Board and the Vice-President of the Board."

III. The wording to date of Article 16 ofthe Articles of Association of the Company as follows:

"Art. 16

The following are entitled to issuestatements on behalf of the Company:

- in the case of one person board - thePresident of the Board acting solely,

- in the case of group board - the Presidentof the Board acting solely, two members of the Board acting jointly, or a member of the board acting jointly with a proxy."

was replaced with the following wording:

"Art. 16

The following are entitled to issuestatements on behalf of the Company:

- in the case of one person board - thePresident of the Board acting solely,

- in the case of a group board - thePresident of the Board acting solely, the Vice-President of the Board acting jointly with a proxy, or a member of the board acting jointly with a proxy."

The consolidated text of the Articles ofAssociation of the Company adopted by the resolution 01/02/10/2014 of the Supervisory Board dated October 2, 2014, based on the authorization granted by the resolution no 6 of the Extraordinary General Meeting of the Company held on September 23, 2014 constitutes an attachment to this current report.

More information on page: biznes.pap.pl

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