THE MINISTER OF TREASURY
OF THE REPUBLIC OF POLAND
hereby invites to negotiations concerning the purchase of shares of the company:

GASTROPOL Sp. z o.o.
with registered office in Olsztyn

The Minister of Treasury, ul. Krucza 36/Wspólna 6, 00-522 Warszawa, acting on behalf of the Treasury, pursuant to Article 33(1)(3) 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”, and pursuant to the Resolution of the Council of Ministers of 17 February 2009 on the Detailed Procedure of Selling Treasury Shares (Journal of Laws No. 34, item 264, as amended), hereby invites all interested parties to negotiations concerning the purchase of 2,125 shares held by the Treasury with a nominal value of PLN 50.00 (fifty zloty) each, constituting 85% of share capital of GASTROPOL Sp. z o.o. with registered office in Olsztyn, ul. 1 Maja 13, 10-117 Olsztyn, entered in the National Court Register under KRS no. 0000320788, with Tax Identification Number 739-02-04-670, hereinafter referred to as the “Company”. The entire stake must be purchased by one buyer.

As at the day of this announcement, 100% of the Company shares is owned by the Treasury.

The company’s objects include retail sales in non-specialised stores, including mainly food, drink, tobacco, sale of alcoholic and other beverages in specialised stores and other catering service activities.

All interested parties, hereinafter “Potential Investors”, should send their written declarations of interest in participating in the negotiations to the following address:

Ministerstwo Skarbu Państwa,
Departament Projektów Prywatyzacyjnych
ul. Krucza 36/Wspólna 6
00-522 Warszawa
Fax: 22 695 88 18

Ms. Monika Malesza (monika.malesza@msp.gov.pl)
piętro VII, pok. 728
tel. (022) 695-82-69

All interested parties may obtain, for a fee, the Company Memorandum (hereinafter the “Memorandum”) containing information on the Company’s legal, economic and financial standing, the process of share acquisition and the structure of replies to the public invitation to negotiations. The fee for the Memorandum is PLN 100.00 payable to the Cashier of the Department of General Accountancy and Reporting of the Department of Budget and Finance of the Ministry of Treasury, room 372, between 12:00 and 2:00 PM, or directly to the account of the Ministry of Treasury held with Bank Gospodarstwa Krajowego, Branch No. 1 in Warsaw, account no. 83 1130 1017 0019 9426 2520 0008. To obtain the Memorandum, the interested parties should visit the headquarters of the Ministry of Treasury and present valid company documents, i.e. the Extract from the Register of Entrepreneurs of the National Court Register or a Certificate of Entry in the Register of Business Activity, showing the current representation of the entity (the documents must not be older than three months), and if the interested party is a natural person who is not an entrepreneur – present an identity document and a proxy, if any, and sign the Confidentiality Obligation though duly authorized representatives of the Potential Investor. The Company Memorandum will be available from the day following publication day of this invitation till the day directly preceding the deadline for submitting written replies to the public invitation to negotiations concerning the purchase of Company shares.

Negotiations will concern the price for the stake of shares to be sold.

The deadline for submitting written replies to the public invitation to negotiations concerning the purchase of Company shares by Potential Investors who signed the Confidentiality Obligation and collected the Memorandum expires on 21 July 2010 at 3 PM (Warsaw time).

Replies of Potential Investors must be made in the Polish language and submitted in two copies, in sealed envelopes, to the Front Office of the Department of Privatisation Projects, 7th floor, room 739, at the Ministry of Treasury, ul. Krucza 36/Wspólna 6, 00-522 Warszawa.

The envelope should be marked: “Odpowiedź na zaproszenie do negocjacji w sprawie GASTROPOL Sp. z o.o. z siedzibą w Olsztynie - NIE OTWIERAĆ” (Reply to the public invitation to negotiations concerning the purchase of shares of the Company GASTROPOL Sp. z o.o. with registered office in Olsztyn – DO NOT OPEN) and should bear the identification details of the Potential Investor.

Considered will only be replies submitted by Potential investors who signed the Confidentiality Obligation and collected the Memorandum.

The Minister of Treasury reserves the right to request additional clarifications from Potential Investors who submitted replies to the public invitation to negotiations.

The Minister of Treasury will notify in writing each of the Potential Investors who submitted replies to the public invitation to negotiations of the results of examination of such replies by 26 July 2010.

The Minister of Treasury reserves the right to: commence negotiations with one or several Potential Investors, change the procedure and schedule of negotiations, terminate negotiations without giving reasons, extend the date for submitting replies to the public invitation for negotiations, and to extend the date for notifying Potential Investors of the result of examination of replies.

The Minister of Treasury is not responsible for any costs incurred by Potential Investors in connection with their participation in the negotiations and with the conclusion of a Share Purchase Agreement for the Company shares.