CR 51/2016 Early repayment of an investment loan order

Early repayment of an investment loan order

Current Report No.: 51/2016

Date: 25.10.2016; 14:15

The Management Board of LPP SA (the Issuer, the Company) hereby informs that on 25 October 2016 the Company made an order for the early repayment of the investment loan granted to LPP SA by PKO Bank Polski SA (the Bank) under the Agreement of 13 August 2008.

According to the previous arrangements, the term of the above mentioned Loan Agreement has been the end of 2017.

As of the date of placing the order for the early repayment of debt under the above mentioned Agreement, the value of the loan is PLN 45 million.

According to the order issued, the loan repayment will take place on 30 November 2016, and thus on the above mentioned date the Agreement shall be terminated.

The Issuer announced the conclusion of the Investment Loan Agreement and making significant amendments to the Agreement in particular in the current reports No. 50/2008 of 13 August 2008, 29/2012 of 29 June 2012, and 35/2012 of 20 August 2012.