Body of the Report:

The Management Board of Jastrzębska Spółka Węglowa S.A. ("Company") announces that on 6 October 2011 it received a statement from the Deputy Prime Minister Waldemar Pawlak that on that date, pursuant to §15 sec. 12-13 of the Company's Articles of Association, the State Treasury (the Company's shareholder) appointed Mr. Stanisław Kluza to the Supervisory Board of the 7th term of office, where he will serve as a Supervisory Board Member.

Stanisław Kluza (40) - PhD in economy, created the Polish Financial Supervision Authority

· Lecturer at the Warsaw School of Economics (since 1994), associated with the Institute of Statistics and Demography;

· Chairman of the Financial Supervision Authority (Sep 2006 - Oct 2011);

·  Finance Minister and Deputy Finance Minister (May - Sep 2006);

·  Chief Economist and Director of the Analysis Department at Bank Gospodarki Żywnościowej (2002-2006);

·   His earlier professional experience included, among others, McKinsey&Co (1998–1999) and Unilever (1994–1998) and sitting on supervisory boards of Sygnity (2006), Siarkopol (2006), Elektrownia Siersza w Trzebini (1998-1999).

In 1995 he graduated from SGH with Top Ten Honors. He was granted a scholarship of the Foundation for Polish Science in 1998 and  in 1999 he was also awarded the Fulbright scholarship at the Washington University in St. Louis and the scholarship of Dekaban-Liddle at the Glasgow University in 2001. He received the Prime Minister's award for his Ph.D. thesis (2001).

His main areas of expertise include: monetary policy, statistics, econometrics, macroeconomics, banking and economic situation research. Mr. Kluza has authored many presentations and papers on financial market supervision and macroeconomic issues.

According to his representation, Mr. Stanisław Kluza is not conducting any business outside the Issuer’s enterprise or any business competitive to that of the Company. He is not a partner in any civil law company or partnership or a member of any corporate authority of a joint stock or limited liability company competitive to the Company, nor is he involved with any other competitive legal person as a member of its corporate authority. He is not listed in the Register of Insolvent Debtors kept pursuant to the National Court Register Act.

Legal Basis: § 5 Section 1 Item 22 of the Finance Minister’s Regulation of 19 February 2009 on current and periodic information transmitted by securities issuers and the conditions for recognizing information required by legal regulations of a non-member state as equivalent.