Date: 2010-09-01 / Legal ground: Art. 56 sec.1 p. 2 Act on Public Offering – current and periodic information

Current report: 75/2010

Date: 2010-09-01

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

Subject: Conclusion of a significant agreement by the Issuer

The Board of Chemoservis-Dwory S.A. („the Issuer”, „the Company”) informs that the Company, acting as the Contractor and Synthos – Dwory Sp. z o.o. acting as the Ordering side, on August 31st, 2010 signed agreement for realization of works in assemble branch as a part of investment task „Modernization of installation for production of rosin emulsifier”. The subject of the agreement will be realized in exchange for lump sum remuneration of PLN 2 650 000,00 + VAT in the period of up to 8 (eight) months from passing work site, excluding receive of works, which date will be determined by TDT. In case of termination of the agreement by the Ordering side with immediate result due to reasons laying on the Contractor side, the Contractor will pay to the Ordering side a stipulated penalty of 10% of the agreement value.For delay in realization of the subject of the agreement, the Contactor will pay to the Ordering side a stipulated penalty of 1 % of the remuneration value for each day of delay arising on the Contractor guilt. For delay in removal of faults found during receive of works and in guarantee period and arising on the Contractor fault, the contractor will pay the Ordering side a stipulated penalty of 0,2 % of the agreement value for each day of delay arising on the Contractor faulr, counted from day determined for removal of faults. The maximum amount of stipulated penalties for delays in realization of the subject of the agreement is 10 % of the agreed remuneration value. The Sides reserved themself right to claim fulfilling compensation, exceeding the amount of stipulated penalty, up to the amount of real damage suffered.

Cumulative value of transactions made with Synthos-Dwory Sp. z o.o. in last 12 months is PLN 5 536 166,09.  The criterion of significant agreement arise from exceeding 10% of Chemoservis-Dwory SA’s revenues from sale in last four fiscal quarters.

Legal ground of this current report is § 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 (Dz. U. No 33 from year 2009 pos. 259).