The Minister of Treasury
OF THE REPUBLIC OF POLAND
invites to participate in negotiations to purchase the shares of the company

Telefony Opalenickie S.A.
with its registered office in Opalenica

The Minister of Treasury with the statutory office in Warsaw, ul. Krucza 36/Wspólna 6, 00-522 Warszawa, acting on behalf of the State Treasury, pursuant to Article 33 clause 1 item 3 of the Act of 30 August 1996 on Commercialisation and Privatisation (Journal of Laws of 2002, No. 171, item 1397, as amended), hereinafter referred to as the “Act”, and pursuant to the contents of the Resolution of the Council of Ministers of 17 February 2009 on the Detailed Procedure of Disposal of Treasury-owned Shares (Journal of Laws No. 2009, No. 34, item 264 as amended), invites all interested parties to participate in negotiations for the purchase of 58,869 (say: fifty-eight thousand eight hundred and sixty-nine) common registered shares, series D, with a nominal value of 100.00 (say: one hundred) zlotys each, owned by the State Treasury and constituting 67.46% of the share capital of the company Telefony Opalenickie S.A. with its registered office in Opalenica, address: Pl. Piłsudskiego 5, 64-330 Opalenica, entered to the Register of Entrepreneurs of the National Court Register kept by the Regional Court for Poznań-Nowe Miasto and Wilda in Poznań VIII Commercial Department under number KRS 0000179924, hereinafter referred to as "Company".

The main objects of the Company are provision of telecommunication services in the field of furnishing customers with the telecommunication network, provision of telecommunication services, including an access to the Internet.

Each interested party, upon notifying by 18 June 2010 their interest in purchase of the Company shares to Karol Chrabański, conducting business under the name Omikron dr Karol Chrabański, with registered office in Katowice, performing the function of an Adviser to the Minister of Treasury in the Company privatisation process, and upon presenting documents confirming the identity of the Potential Investor, i.e. a transcript from the Register of Entrepreneurs of the National Court Register / a Certificate of entry in the register of business activity, specifying the current representation of the entity (with the date of issue not earlier than three months prior to the document presentation date), as well as any powers of attorney, and in the event when the interested entity is a natural person not being an entrepreneur – upon presenting a document proving the person's identity, as well as any powers of attorney, and after signing the document entitled "Confidentiality Statement" by duly authorised representatives of the Potential Investor, shall receive against payment (at a price of PLN 100.00 payable at the cashier's office of the Ministry of Treasury, room 372, from 12:00 a.m. – 2:00 p.m. or to the account of the Ministry of Treasury at Bank Gospodarstwa Krajowego, I Oddział Warszawa, no. 83 1130 1017 0019 9426 2520 0008), from the day following the date of publication hereof onwards, the "Information Memorandum of the Company Telefony Opalenickie S.A. with its registered office in Opalenica” (hereinafter referred to as the "Memorandum"), containing information on the Company’s legal, economic and financial standing, as well as the "Detailed Information on the Procedure of Sale of Shares in the Company Telefony Opalenickie S.A. with its registered office in Opalenica" (hereinafter referred to as the "Sale Procedure”), containing information on the process of rendering available the shares and on the structure of the Response to the public invitation to negotiations.

Applications of the entities interested in purchasing the Company shares shall be addressed to Karol Chrabański, conducting business under the name Omikron dr Karol Chrabański, ul. Sikorskiego 16, 40-282 Katowice, tel. (32) 256 12 31, fax (32) 255 31 65. The persons responsible for receiving the applications are: Karol Chrabański and Elżbieta Gwioździk, tel. (32) 256 12 31, e-mail: konsulting@omi.pl

The subject of negotiations shall be in particular the price for the purchased stake of shares, Company development program as proposed by the Potential Investor, including, among other things, investment commitments, environmental protection commitments as well as those concerning the protection of the interests of Company’s employees and the measures for securing the fulfilment of those commitments.

The Minister of Treasure shall not allow to arrange instalments for the payment of the selling price. The payment shall be made through a banking remittance order prior to signing a contract of sale of the shares.

The deadline for submitting written Responses to the public invitation to negotiations to purchase the Company’s shares by the Potential Investors who have signed the document “Confidentiality Statement” and collected the Memorandum and the Sale Procedure shall expire on 25 June 2010 at 12:00 a.m., Warsaw time.

Responses to the public invitation of Potential Investors to negotiations shall be made in the Polish language in the manner conformable with the terms specified in the Sale Procedure. They shall be submitted in two copies, in sealed envelopes, to the Ministry of Treasury, 00-522 Warszawa, ul. Krucza 36/Wspólna 6, at the Secretary’s Office of the Department of Corporate Supervision and Privatisation IV, 5th floor (room 553). The envelopes shall be marked as follows:

„Odpowiedź na publiczne zaproszenie do negocjacji w sprawie nabycia akcji Spółki
Telefony Opalenickie S.A. z siedzibą w Opalenicy
– Nie otwierać”

(“Response to the public invitation to participate in negotiations for the purchase of shares of the Company
Telefony Opalenickie S.A. with its registered office in Opalenica
- Do not open”)
and the identification data of the Potential Investor.

The Minister of Treasury reserves the right to request additional information from the Potential Investors who submit Responses to the invitation to negotiations.

By 16 July 2010, the Potential Investors who have submitted Responses to the public invitations to negotiations shall be notified in writing on the decision of the Minister of Treasury regarding the consideration of the Response submitted.

Only responses submitted by the Potential Investors who have signed the document “Confidentiality Statement” and collected the Memorandum and the Sale Procedure shall be considered.

The Minister of Treasury also reserves the right to: select one or several entities to participate in the negotiations; to withdraw from negotiations without giving any reasons; to extend the deadline for submitting Responses to the public invitation to negotiations; to extend the deadline for informing about the Response examination result; and to change the negotiation procedure and schedule.

The Minister of Treasury shall not reimburse costs incurred by the entities interested in purchasing the shares in connection with their participation in the negotiations and the conclusion of a contract of sale of the Company shares.