Approval of prospectus of Series I and Series J Cyfrowy Polsat shares by the Polish Financial Supervision Authority

The Management Board of Cyfrowy Polsat S.A.(the "Company") reports that on 28 April 2014 the Polish Financial Supervision Authority approved the prospectus of the Company's Series I and Series J shares prepared for the purposes of applying for the admission of these shares to trading on a regulated market operated by the Warsaw Stock Exchange.

The issuance of Series I and Series J sharesby the Company will take place within the framework of conditional increase of the Company's share capital approved by the Extraordinary General Meeting of the Company on 16 January 2014 (the Company disclosed the text of the resolution on the conditional share capital increase in current report No. 4/2014 of 17 January 2014).

The issue of Series I and Series J shareswill be effected for the purposes of the takeover by the Company of all the shares in the Metelem Holding Company Limited ("Metelem"), the indirect controlling entity of Polkomtel sp. z o.o., operator of "Plus" mobile phone network. The Series I and Series J shares will be acquired by Metelem shareholders in exchange for a non-cash contribution in the form of Metelem shares.

The approval of the prospectus of Series Iand Series J shares is one of the conditions precedent for the Company's obligation to issue the shares and the obligation of the European Bank for Reconstruction and Development (EBRD) as a Metelem shareholder to transfer EBRD's shares in Metelem to the Company, as described in the investment agreement with EBRD of 19 December 2013, disclosed by the Company in current report No. 27/2013 of 19 December 2013.

More information on page: biznes.pap.pl

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