Legal basis: Article 56 (1)(2) of the Act on Public Offering - current and periodic information

POLNORD SA ('Polnord', the 'Company'), with reference to the current report No. 66/2015 dated 14 December 2015, hereby announces that on 29 December 2015 the Company received from Mr. Piotr Wesołowski a statement of resignation from membership in the Management Board of the Company and his position as President of the Management Board of the Company with immediate effect, i.e. as of 29 December 2015.

Moreover, on 29 December 2015, the Company received from Mr. Tomasz Sznajder a statement of resignation from his position as Member of the Management Board of Polnord effective as of 29 December 2015, i.e. as of the moment of submitting the statement of resignation to the Company.

Legal basis: In accordance with § 5 (1)(25) of the Regulation of the Minister of Finance of 19 February 2009 on current and periodic information submitted by issuers of securities and the terms governing recognition of information required by the laws of a non-member state as equivalent information.

SIGNATURES OF THE COMPANY'S REPRESENTATIVES

2015-12-29 Jerzy Kotkowski Member of the Management Board

2015-12-29 Jerzy Kamiński Member of the Management Board

POLNORD SA issued this content on 2015-12-29 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2015-12-29 16:55:22 UTC

Original Document: http://ri.polnord.pl/en/reports/current-reports/2015/692015