The Minister of Treasury
OF THE REPUBLIC OF POLAND
hereby invites to a public tender to purchase shares

The Minister of Treasury of the Republic of Poland, ul. Krucza 36/Wspólna 6, 00-641 Warszawa, acting on behalf of the Treasury, hereinafter referred to as the “Seller”, pursuant to Article 33(1)(2) of the Commercialisation and Privatisation Act of 30 August 1996 (Journal of Laws of 2002 No. 171, item 1397, as amended), hereinafter referred to as the “Act”, hereby all invites interested parties to submit their offers in a public tender, hereinafter referred to as the “Tender”, to purchase shares of the company:

SUPON Sp. z o.o. with registered office in Białystok (hereinafter referred to as the “Company”)

The core business activity of the Company is the manufacture of fire fighting products and fire fighting equipment.

The tender concerns 51,000 (fifty-one thousand) shares of a nominal value of PLN 50.00 (fifty zloty) each, constituting 85% of the share capital of the Company. The remaining 9,000 (nine thousand) shares, constituting 15% of the share capital, will be acquired free-of-charge by Company employees pursuant to Article 36(1) of the Act. The Minister of Treasury allows the possibility to sell shares not acquired by eligible employees to an Investor selected under this public invitation to tender if the right of such eligible employees to acquire such shares expires.

The minimum purchase price (starting price) is PLN 214.73 (two hundred fourteen zloty and seventy-three groszy) for one share and PLN 10,951,230.00 (ten million nine hundred fifty-one thousand two hundred and thirty zloty) for the entire stake of shares.

All interested parties who approach the Ministry of Treasury, room 675, on working days between 12:00 and 2:00 PM from 14.06.2010 to the day directly preceding the day of submission of written Offers to purchase the shares of the Company SUPON Sp. z o.o. with registered office in Białystok (hereinafter also referred to as the “Offers”) and who sign the “Confidentiality Obligation” will receive: the Company Memorandum – containing information on the legal and financial standing of the Company and the structure of Offers, the Detailed Terms and Conditions of Tender – containing information on requirements for tenderers and terms and conditions of Offers, as well as the Sample Share Purchase Agreement.

In order to obtain the above documents, the interested parties must present: if the interested party is an entrepreneur entered in the Register of Entrepreneurs – a document confirming identity, a power of attorney authorising to act on behalf of the interested party, a confirmation of payment of the fee for the Company Memorandum and an extract from the Register of Entrepreneurs of the National Court Register showing the current representation of the entity (the document must not be older than three months), or if the interested party is a natural person conducting business activity – a certificate confirming entry in the Register of Business Activity, showing the current representation of the entity (the document must not be older than three months).

If the interested party is a foreign entity, the above documents must be translated into Polish by a certified translator.

The fee for the Company Memorandum (PLN 200.00) should be paid to the cashier of the Ministry of Treasury, room 372, between 12:00 and 2:00 PM, or to the bank account of the Ministry of Treasury held with Bank Gospodarstwa Krajowego S.A., Branch No. 1 in Warsaw, account no.: 83113010170019942625200008 (payment title: “Memorandum Informacyjne spółki SUPON Sp. z o.o. z siedzibą w Białymstoku [Company Memorandum of the company SUPON Sp. z o.o. with registered office in Białystok]”).

The person responsible for receiving applications is Ms. Aleksandra Michalska, Ministry of Treasury, room 675, Tel: (022) 695-81-22.

Bidders will be able to acquaint themselves with the Company’s enterprise on a day agreed with the Seller.

In order to participate in the Tender, each bidder is required to pay a bid security of PLN 546,061.50 (five hundred forty-six thousand sixty-one zloty and fifty groszy) by bank transfer to the account of the Ministry of Treasury held with Bank Gospodarstwa Krajowego SA, Branch No. 1 in Warsaw, account no. 13113010170019942625200007, by the day immediately preceding the day of submission of a written offer to purchase the Company’s shares. Confirmation of payment of the bid security must be attached to the offer.

The final date for submitting applications is 16.07.2010 (2:00 PM Warsaw time). Offers should be made in the Polish language and submitted in one copy, in a sealed envelope, to the Ministry of Treasury, 00-522 Warszawa, ul. Krucza 36/Wspólna 6, Front Office of the Department of Owner Supervision and Privatisation II (room 601). The envelope should be marked: “Przetarg – SUPON Sp. z o.o. z siedzibą w Białymstoku – nie otwierać” (Tender – SUPON Sp. z o.o. with registered office in Białystok – do not open) and include the identification details of the bidder.

Offers will be opened on the same day at 2:30 PM at the Seller’s headquarters (room 604).

The submitted offer shall be binding for the bidder until the bidder is advised of selecting another offer, however no longer than 180 days from the day of announcing the Tender.

Considered will only be offers submitted by bidders who signed the Confidentiality Obligation and collected the Detailed Terms and Conditions of Tender and the Company Memorandum.

The sole merit-based criterion that will be evaluated will be the price offered for the shares.

Bidders will be immediately advised of the results of the Tender in writing.

The Share Purchase Agreement will be concluded not later than 60 days after advising the bidder that the bidder’s offer has won. Payment of the price for the shares must be made by certified cheque or by transfer to the account of the Seller prior to the conclusion of the Share Purchase Agreement. The payment must be made in full.

Upon selecting the winning offer, the bid security paid by the winning bidder will be credited towards the price of purchase of the Company’s shares. Bid securities paid by the remaining bidders will be immediately returned in accordance with applicable regulations. Should the winning bidder evade from concluding the Share Purchase Agreement for the Company’s shares, the security paid by such bidder will not be refunded. All offers submitted after the final submission date as well as offers incompliant with the terms and conditions set forth herein will be rejected.

The Seller reserves the right to extend the final date for submitting offers and to withdraw from the tender without giving reasons.