Notification of change in shareholding

The Management Board of Magna Polonia Spółka Akcyjna (“Company”), acting under Article 70(1) of the Act of 29 July 2005on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organised Trading, and Public Companies, hereby informs that on 31 March 2016, it received a notice of the company Menter Spółka z ograniczoną odpowiedzialnością w organizacji with its registered office in Warsaw (“Menter”) about an indirect acquisition of shares of the Company. According to the notice, Menter has acquired indirectly 3,192,845 (three million one hundred ninety-two thousand eight hundred forty-five) shares of the Company, representing 22.93% of the total number of votes in the Company, and, as a consequence, has exceeded the level of 20% of the total number of votes in the Company.

The acquisition of shares has occurred as a result of registration by the District Court for the Capital City of Warsaw in Warsaw, on 8 March 2016, of an increase in the share capital of the company RG Ventures Spółka z ograniczoną odpowiedzialnością with its registered office in Warsaw (“RGV”), pursuant to Resolution No. 2 of the Shareholders’ Meeting of RGV of 14 August 2015, under which Menter became a shareholder of RGV, holding 1,100 shares representing 90.16% of the share capital of RGV; following the takeover of control over RGV, Menter indirectly acquired 3,192,845 shares of the Company. Menter received information about registration on 29 March 2016.

Before the change in shareholding, Menter did not hold, directly or indirectly, any shares of the Company.

After the registration described in the notice, Menter does not hold directly any shares of the Company, whereas it holds indirectly (through the RGV company) 3,192,845 shares of the Company, representing 22.93% of the share capital of the Company and carrying 3,192,845 votes representing 22.93% of the total number of votes.

At the same time, under Article 69(4)(4) of the Act, Menter declares that it may increase or decrease its share in the Company, depending on changes in the value of shares of the Company, listed on the Warsaw Stock Exchange.

Moreover, Menter informed that it is not a party to any agreements the subject of which is the transfer of the right to exercise voting rights (Article 87(1)(3)(c)).

Mirosław Janisiewicz – President of the Management Board

Tom Ruhan – Vice-President of the Management Board

1 april 2016