Current report no. 5/2012

Notification of transaction on Issuer’s securities

The Management Board of Echo Investment S.A. (the Issuer) hereby reports that on January 27, 2012 the Issuer received a notification, on the basis of which a person holding a managerial position in the Issuer’s organization structure and having access to confidential information, acting in accordance with article 160 of the act on trade in financial instruments of July 29, 2005 (Journal of Laws no. 183 item 1538), in connection with §2 (5) of the Decree by the Minister of Finance of November 15, 2005 on passing and making accessible information on certain transactions in financial instruments and rules of making and conducting lists of persons having access to certain confidential information (Journal of Laws no. 229 item 1950), informs the Board about transactions of purchase of Echo Investment’s shares carried out in 2011, the total value of which did not exceed EUR 5,000.

The purchase of shares took place on the regulated market in the continuous trading system on May 26, 2011 and December 21, 2012. Their total volume amounted to 4,700 shares and the average purchase price was PLN 4.31 per share.

The informer requested their personal details be withheld, referring to the content of §3 (2) of the Decree by the Minister of Finance of November 15, 2005 on passing and making accessible information on certain transactions in financial instruments and rules of making and conducting lists of persons having access to certain confidential information.

Legal basis: Article 160 (4) of the Act on Trade in Financial Instruments of July 29, 2005.