RB 10/2015 - Significant agreement signed - released 9 April 2015

In fulfilment of provisions of § 5 subpara. 1 point 3 of the Regulation of the Minister of Finance of 19 February 2009 on current and interim reports published by issuers of securities and on the conditions under which such information is recognised as equivalent to information required under regulations of a non-member state, the Management Board of Bank Ochrony Środowiska S.A. with registered seat in Warsaw (the Bank) hereby informs that, on 9 April 2015, the Bank signed with the company Elektrownie Wiatrowe Wschód Sp. z o.o. a non-revolving credit agreement to the tune of PLN 240 000 000 for a period ending 31 March 2016 to finance development of a wind farm project in the Lubelskie province composed of 16
Vestas V 112-3.2 MW turbines of target capacity 51.2 MW.
The facility carries interest based on WIBOR 3M plus the Bank margin.
The price terms of the contract do not differ from going market terms. The agreement sets out no provisions in respect of penalty fee.
Financing of the loan proceeds shall not be released until after Borrower has fulfilled the conditions precedent. The facility will be made available in two tranches.
The agreement is classed significant as the credit amount is in excess of 10% of the
Bank equity.

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