Notification of the receipt of a shareholder’s motion to convene an extraordinary general meeting of the Issuer, containing information about conclusion of a contract on the sale of Issuer’s shares

The Management Board of Echo Investment S.A. (hereinafter referred to as the Issuer) hereby reports that on the 13th of March 2015 the Issuer received a motion from FTF Columbus S.A., a shareholder of the Issuer, an entity controlled by Mr Michał Sołowow, to convene an extraordinary general meeting of the Issuer immediately, in order to make changes in the composition of the Issuer"s Supervisory Board. The motion of FTF Columbus S.A. contains the information that it was submitted in connection with the fulfilment of a condition precedent stipulated in the contract concerning the indirect purchase of 41.55% of the Issuer"s shares, which was concluded on the 28th of February 2015 with an entity that belongs to Griffin Topco III S.a.r.l. (an entity controlled by Oaktree) and a fund managed by PIMCO. The motion in question also contains the information that the execution of the transaction is subject to obtaining consent to concentration. The motion of FTF Columbus S.A. which contains draft resolutions of the extraordinary general meeting, concerning changes in the Issuer"s Supervisory Board, constitutes an attachment to this current report. In accordance with §2 (3a) of the "Regulations of the General Meeting of Echo Investment S.A. Shareholders" the Management Board of the Issuer is obliged to convene an extraordinary general meeting within two weeks from the day of submitting the motion in question. Legal basis: article 56 (1.1) of the act on public offering and conditions governing the introduction of financial instruments to organised trading and public companies of the 29th  of July 2005.