Board of the Mint of Poland S.A. ("Issuer") informs that on August 4, 2017. received from the Ministry of Finance - Department of the Treasury in Thailand a collective order ("Order") for production and delivery in 2017 and in 2018 zlotys (Au) medals commemorating the cremation ceremony of King Bhumibol Adulyadej in the quantity of 99,000 pieces (in words: ninety-nine thousand). Estimated value of the Order with gold is in the total amount of USD 86 899 999.00 (in words: eighty-six million, eight hundred and ninety-nine thousand, nine hundred and ninety-nine US dollars). br> Acceptance by the Issuer of the Order will result in: br> • conclusion by the parties of the Agreement for the production and delivery of 99000 gold medals, the final value of the Agreement will depend on the price of the bullion at the rate determined by the parties and will be provided by Issuer in a separate current report regarding the conclusion of the Agreement; br> • establishing a bank guarantee of a good performance of the Contract for 5% of the value of the Agreement with a validity period up to 6 months after the last delivery of the medals, which the Issuer will inform in a separate current report, concerning the establishment of a bank guarantee. br>
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