CURRENT REPORT NO. 24/2016 Date: 2016-12-20 Re: Update - information on the predicted impact of a one-off event on the financial results

Content of the report: the Management Board of the Zakłady Tłuszczowe "Kruszwica" S.A. ("Company"), with reference to the report No. 18/2016, dated the 17th November 2016, and the report No. 23/2016, dated 12 December 2016, informs that on 20 December 2016, according to the provisions of the conditional contract of sale ("Contract 1") and the contract of sale of ownership as

well as perpetual usufruct of real property subject to the condition ("Contract 2", collectively with the Contract 1 - "Contracts"), concluded on the 17th November 2016 by the ZTK Property Management Spółka z ograniczoną odpowiedzialnością [Ltd.] with the seat in Warsaw ("ZTK PM"), as a seller, with

a third party, of which the Company informed in the report No. 18/2016, in view of the fulfillment of the conditions of the Contracts, of which the Company informed in the report 23/2016, the ZTK PM concluded with a third party on 20 December 2016 the contracts transferring the right to perpetual usufruct and ownership of the real property.

The Management Board of the Company sustains its estimated impact of the above mentioned sale of real property on the consolidated result (net profit) of the ZT "Kruszwica" S.A. Group in the estimated amount of approximately 43 Million PLN (whereas, the transaction should not influence significantly the Company's stand-alone financial results for the current year, in particular the amount of the profit which could be assigned for the payment of a dividend by the Company).

Legal basis: Article 17 section 1 of the Regulation of the European Parliament and of the Council (EU) No. 596/2014 dated the 16th April 2014, on the market abuse (Market Abuse Regulation) and repealing the Directive 2003/6/EC of the European Parliament and of the Council and the Directive of the Council 2003/124/EC, 2003/125/EC and 2004/72/EC ("MAR Regulation") - confidential information.

Zaklady Tluszczowe Kruszwica SA published this content on 20 December 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 21 December 2016 10:18:05 UTC.

Original documenthttp://www.ztkruszwica.pl/download.php?file=/user_files/raporty2016/raport_biezacy_24-16_z_20-12-2016_gb_main_text.pdf

Public permalinkhttp://www.publicnow.com/view/C3FDB36260F75A7F01500381EFF2020E39F19B44