On the way to the Stock Exchange

On 31st of March 2008, Polish Financial Supervision Authority approved the prospectus of Centrozap SA, prepared due to the Issuer application to list shares, of A,B,C,D,F,G and H series, on the Warsaw Stock Exchange.

The Extraordinary General Meeting of Shareholders of Centrozap SA, on 22nd of April 2008,  passed the resolution on shares nominal value change, from 0,10 PLN to 1,00 PLN by the reverse split.

According to the recommendations of the Register Court, the Management Board of Centrozap SA called another Extraordinary General Meeting, which will complete all the legal formalities in the scope of the shares consolidation (reverse split), for registration in National Court Registry (KRS).

Considering above actions, and in further stage formal procedures in the scope of the cooperation with the National Depository for Securities in Warsaw (KDPW S.A.) and Warsaw Stock Exchange, the Management Board of Centrozap SA is planning the return to the quotations of the Issuer shares on the stock exchange market by the end of the III quarter of 2008.