Current reports

Appointment of Supervisory Board members.

Current report number: 11/2014

Data: 10 March 2014

Polish Financial Supervision Authority
Pl. Powstańców Warszawy 1
00-950 Warszawa

The Management Board of TELL S.A., acting pursuant to §5 sec.1 clause 22) of the Regulation of the Minister of Finance of 19 February 2009 on current and periodical information to be disclosed by security issuers and on conditions of recognition of information required by the laws of a state that is not a member-state (consolidated text in Journal of Laws of 2014 item 133), hereby wishes to inform whom it may concern that on 10 March 2014, the Extraordinary General Meeting of Shareholders appointed two new members of the Supervisory Board of the fourth term of office: Mr Piotr Cholewa and Mr Tomasz Słowiński.

In accordance with the statements made by the new Members of the Supervisory Board, they are not engaged in any activities competitive to the business of TELL S.A., do not participate in entities competitive to TELL S.A. as partners of a civil law or commercial law partnership or members of governing bodies of companies, and do not participate in any competitive legal person as members of its governing bodies, have not been listed in the register of insolvent debtors maintained in accordance with the National Court Register Act.

Appended hereto is the legally required information concerning the education, qualifications and previous positions as well as a description of the professional background of the new Members of the Supervisory Board of the Issuer.

Legal basis: Art. 56 clause 1 item 2 of the Offering Act – Current and Periodical Information

Signed: Rafał Stempniewicz – President of the Management Board