162/2009 Development of TP Group new premises – Orange Polska


23 December 2009

Pursuant to art. 56 (1.1) of the Law of 29 July 2005 on public offering and the conditions for introducing financial instruments to the organised trading system and on public companies (Journal of Laws of 2005, No. 184, item 1539, as amended), the Management Board of Telekomunikacja Polska S.A. (“TP S.A.”, “the Company”) hereby informs that on December 22nd 2009 TP S.A. signed Development and Lease Agreements with Bouygues Immobilier Polska. Both agreements concern new premises for TP Group. The new location, a low rise and energy efficient complex of buildings in a proximity of city center, will be able to comfortably host approximately 3,500 employees. The development is to be concluded by 2013 while lease period is 10 years, with extension options secured. Annual cost of lease under the agreement will provide the Group with approximately EUR 9 million savings per annum compared to the current situation. At this stage no further details are available to the public domain due to their business sensitivity in the first phase of the project’s implementation.