The currtmt Report l0/2011

Date: 31.05.2011

Subject:appointment of auditor

Legai basis: Art. 56 section 1.2 of the Public Offering Act - current and periodic information

Public Office

Pursuant to § 5.1 subparagraph 19 of the Regulation by the Minister of Finance of 19

February 2009 on current and periodic information published by issuers of securities and on the conditions under which such information may be recognised as being equivalent to information required by the regulations of law of a state which is not a member state, the Board of "Budopol-Wroclaw" S.A. announces that in accordance with applicable laws and professional standards the authorised entity, namely the Company's Supervisory Board, on 31

May 2011 adopted Resolution No. 9/2011 on the appointment ofECA Seredynski i Partnerzy Sp. z o.o. with its registered office in Krakow at ul. Praska 6/5, entered into the list of entities authorised to audit fmancial statements by the National Chamber of Statutory Auditors under item 3115, as the entity authorised to carry out an audit on the review of the Company's interim consolidated and unconsolidated financial statements for the period of six months ended on 30 June 2011, and to review the Company's consolidated and unconsolidated financial statements for the year ended on 31 December 2011. The issuer used the services of the selected entity authorised to audit financial statements in 2010.

lhtrtby certify lhlt theiboveil•failhful

ftwlilion of lhe document inlht Pulis!Vitglllh

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Rtp.No. &.OS'/1 (W !111