Body of the Report:  

 The Management Board of Jastrzębska Spółka Węglowa S.A. (“JSW”, “Company”) hereby announces that today the shareholder of 55.16% shares in the Company’s share capital, i.e. the State Treasury (“Shareholder”), submitted a written request to the Company’s Management Board pursuant to Article 400 of the Commercial Company Code to convene an Extraordinary Shareholder Meeting of JSW and place the following matters on the agenda:

a) adoption of a resolution to introduce amendments to the Company’s Articles of Association,

b) adoption of resolutions to make changes to the composition of the Company’s Supervisory Board.

The Shareholder noted that the proposed changes to the articles of association are aimed at strengthening the current supervision of the Supervisory Board over the Company’s financial situation and are part of the package of measures taken by the State Treasury Ministry to counteract the difficult situation of mining enterprises and black coal mining industry companies.   At the same time, the Shareholder pointed out that these measures are taken as a result of transfer of oversight over mining enterprises to the State Treasury Minister.

The wording of the resolutions will be published in the next current report, together with the announcement to convene the Extraordinary Shareholder Meeting of JSW.