Information on the result of the tender offer for the sale of own shares

The Management Board of Echo Investment SA (the Issuer) hereby reports that on February 23, 2012 the Issuer was informed by Dom Inwestycyjny BRE Banku, an intermediary in the tender procedure, that in response to the announcement of the tender offer for the sale of Echo Investment"s shares, which lasted from February 8 to February 21, 2012, investors subscribed a total of 7,309,418 (seven million three hundred nine thousand four hundred eighteen) shares of the Issuer.

In accordance with § 12 of the Ordinance, detailed information will be published by the Issuer immediately after the acquisition of own shares.
The Ordinance - the Ordinance of the Minister of Finance (Journal of Laws No. 33 item 259) of February 19, 2009 on current and periodical information published by issuers of securities and terms of recognizing as equivalent information required by laws of a non-Member State.

Legal basis: art. 56 (1.1) of the act on public quotations and conditions of introducing financial instruments to organized trade and on public companies of July 29, 2005 (Journal of Laws No. 185 item 1439, as amended).