Date: 2012-01-05 / Legal ground: Art. 56 sec.1 p. 2 Act on Public Offering – current and periodic information

Current report: 1/2012

Subject: Conclusion of annex to significant agreement

Date: 2012-01-05

Legal ground: Art. 56 sec.1 p. 2 Act on Public Offering – current and periodic information

The Board of Chemoservis – Dwory S.A ( issuer) Informs,  that on January  5th, 2012 signed an annex to the cleaning agreement from January 31 of  2008 (the duration of this agreement up to December 31st  2011)with Synthos Dwory 7 Sp. z o.o. S.K.A - previously Synthos Dwory Sp. z o. o. ("Purchaser").  

Subject of the agreement is to provision to Purchaser, a year round services in the cleaning of apparatus, equipment, installations ,production lines and pipelines. The settlement of performed works is carried out on the basis of price-setting components: labor costs, materials, heavy equipment and work of specialized equipment for cleaning.

Changed the term of the agreement, which will be in force from 1 January of 2012 for an indefinite period, by signing the annex, estimating that the value of benefits resulting from the above annex in next 5 years will amount to 7 965 617,00 PLN + VAT.

The criterion of significant agreement results from the excess 10% of the Issuer’s capital.

Legal ground: § 5 sec. 1 p. 3 of Regulation of Ministry of Finance from February 19th, 2009 on current and periodic information published by issuers of securities and on conditions of recognition of information required by law of a non-member country as equal.