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Current Report No. 32/2012

Changes in the composition of the JSW S.A. Supervisory Board

Body of the Report:

The Management Board of Jastrzębska Spółka Węglowa S.A. (“Company”, “Issuer”, “JSW S.A.”) hereby informs that during the Ordinary Shareholder Meeting of JSW S.A. a representative of the State Treasury acting through the Minister of Economy read out a statement on appointing the persons listed below to the Company’s Supervisory Board. The statement was submitted to the President of the Company’s Management Board pursuant to § 15 Sections 12 and 13 of the Company’s Articles of Association.

1. Józef Myrczek
2. Antoni Malinowski
3. Miłosz Karpiński
4. Tomasz Kusio
5. Adam Rybaniec
6. Alojzy Nowak
7. Stanisław Kluza

Furthermore, the Company’s Ordinary Shareholder Meeting held on 31 May 2012 appointed the following persons to the Company’s Supervisory Board of the 8th term of office:

8. Eugeniusz Baron (elected by employees of JSW S.A.)
9. Robert Kudelski (elected by employees of JSW S.A.)
10. Andrzej Palarczyk (elected by employees of JSW S.A.)
11. Adam Wałach (elected by employees of JSW S.A.)
12. Łukasz Rozdeiczer-Kryszkowski

According to their representations, the persons appointed to the Company’s Supervisory Board do not conduct any business outside the Issuer’s enterprise or any business competitive to that of the Company. They are not partners in any civil law company or partnership, nor are they members of any corporate authority of a joint stock or limited liability company, nor are they involved with any other competitive legal person as members of its corporate authority. They are not listed in the Register of Insolvent Debtors kept pursuant to the National Court Register Act. Information on the education of the above persons is attached to this report.

Legal Basis: § 5 Section 1 Item 22 of the Regulation issued by the Finance Minister on 19 February 2009 on the Current and Periodic Information Transmitted by Securities Issuers and the Conditions for Recognizing the Information Required by the Regulations of a Non-Member State as Equivalent.

Attachment:

Information on the education of persons appointed to the JSW S.A. Supervisory Board of the 8th term of office.

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