The Management Board of Jastrzębska Spółka Węglowa S.A. („Company”) reports that on 19 March 2012 it obtained information from the Ministry of the Economy, which, acting on behalf of the State Treasury submitted a notification that in connection with the process launched on 10 October 2011 of the Company’s eligible employees acquiring the Company’s shares from the State Treasury without consideration pursuant to the Act of 30 August 1996 on Commercialization and Privatization, the equity stake held to date by the State Treasury decreased to 56.17% of the Company’s share capital and the total number of votes at the Company’s Shareholder Meeting.

As at 18 January 2012 the State Treasury held a total of 68,170,210 shares in the Company, representing a 57.18% stake in the Company’s share capital and entitling it to exercise 68,170,210 votes at the Company’s Shareholder Meeting, which constituted 57.18% of the total number of votes at the Company’s Shareholder Meeting.

As at 14 March 2012 the State Treasury holds 66,966,672 shares in the Company, representing a 56.17% stake in the Company’s share capital and entitling it to exercise 66,966,672 votes at the Company’s Shareholder Meeting, which constitutes 56.17% of the total number of votes at the Company’s Shareholder Meeting.

Legal grounds: art. 70 section 1 of the Act on Offerings and the Conditions for Introducing Financial Instruments to an Organized Trading System and on Public Companies