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 2005 on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organised Trading, and Public Companies, hereby informs that on 4 April 2016, it received a notice on behalf of Rasting Limited with its registered office in Nicosia, Cyprus (“Rasting”) on a reduction in the number of shares held in the Company.

According to the notice, the share in the share capital of the Company held indirectly by Rasting decreased by more than 2% of the total number of votes and fell below the level of 5% of the total number of votes in the Company.

The change resulted from registration by the District Court for the Capital City 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 (“RG Ventures”), pursuant to Resolution No. 2 of 14 August 2015 of the Shareholders’ Meeting of RG Ventures. As a result of the registration of the increase in the share capital of RG Ventures, the share of Rasting in the share capital of RG Ventures fell to the level of 9.84%; therefore, Rasting no longer exercises control over RG Ventures.

Rasting received information about the registration on 29 March 2016.

Before the change in shareholding, Rasting did not hold directly any shares of the Company, whereas it held indirectly, through the company RG Ventures, which was previously controlled by Rasting, 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.

After the registration of the increase in the share capital of RG Ventures, Rasting does not hold, directly or indirectly, any shares of the Company.

Moreover, Rasting informed that neither Rasting nor any of its affiliates are a party to any agreements the subject of which is the transfer of the right to exercise voting rights (Article 87(1)(3)(c) of the Act).

Mirosław Janisiewicz – President of the Management Board

Tom Ruhan – Vice-President of the Management Board

4 april 2016