Bond issue

The Management Board of Echo Investment S.A. (hereinafter referred to as the Company) hereby reports that that on April 23rd, 2018 the Company issued coupon bonds with a total value of PLN 140 mln as part of the Bond Issue Programme of up to PLN bln signed with mBank S.A. seated in Warsaw (see Current report no. 7/2011 of February 1st, 2011). The nominal value and the issue price of one bond is PLN 10,000. The bonds were issued for the period ending on April 25th, 2022. The interest rate on the bonds was determined on the basis of variable WIBOR 6M rate plus investors" profit margin. Interest earnings will be disbursed in 6-month intervals. On the redemption date the bonds will be redeemed at the nominal value of the bonds. The issued bonds are not secured.

Legal basis:

Art. 17 section 1 MAR – confidential information