Body of the report:

The Management Board of Jastrzębska Spółka Węglowa S.A. (“Company”) reports that on 3 December 2018 the Company as the Buyer and PRIMETECH S.A. (previously Kopex S.A.) and PBSz 1 Sp. z o.o. as the Sellers signed annex no. 2 to the Term Sheet of 17 July 2018 encompassing the basic terms and conditions for the sale of a 95.01% equity stake in Przedsiębiorstwo Budowy Szybów S.A. („PBSz”), of which fact the Company informed the public in Current Report No. 25/2018.

Pursuant to annex no. 2 the Parties extended the period for negotiations to execute the PBSz share purchase agreement for the purpose of specifying the Parties’ rights and duties and the conditions for the transfer of the equity stake in PBSz to the Buyer according to the principles prescribed by the Term Sheet till 21 December 2018.

Legal basis: Article 17 Section 1 of Regulation (EU) No. 596/2014 of the European Parliament and of the Council of 16 April 2014 on Market Abuse and Repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC.