Announcement.

KUPIEC SA (9/2017) Conclusion of loan agreements

Legal attitude: Art. 17 para. 1 MAR - confidential information. The Management Board of Kupiec SA with its registered office in Tarnów (the "Company") informs that on 20 September 2017 it concluded two agreements with the Bank having its registered office in Poland: - Annex to a current account overdraft agreement (of which the Company informed in the form of ESPI report No. 13/2016 of September 30, 2016), increasing the loan amount from PLN 200,000 to PLN 2,500,000 and extending the repayment date by September 19, 2018 r. (originally, the repayment date was until September 28, 2017). The interest rate for this loan was set at WIBOR 3M plus a margin of 3.00 p.p. on a yearly basis. The secured loan is, among others in the form of a blank promissory note with a promissory note issued by the Company, sureties provided by guarantee funds and a mortgage on an office property being the Company's property up to PLN 3,750,000.00. - An agreement by which the Company received a mortgage loan in the amount of PLN 660,000, PLN 00. The repayment date was specified until August 25, 2032. The interest rate was set at WIBOR 3M plus a margin of 3.8% per annum. The loans are secured by, among others, a mortgage on undeveloped property owned by the Company up to PLN 990,000.00 and a blank promissory note with a promissory note issued by the Company.

Source: company website, investor relations, current and periodic reports.

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Company information
Company name:Kupiec SA
ISIN:PLKUPIC00010
NIP:8732941947
Adress: ul. Rolnicza 41A 33-100 Tarnów
Phone:+48 14 6556537
website:www.kupiec.az.pl

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