Current reports

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

Pursuant to §34 clause 1 item 1) 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 as equivalent of information required by the laws of a state that is not a member-state (Journal of Laws No. 33 item 259 as amended), the Management Board of TELL S.A hereby advises that on 24 May 2011 it was informed that on 23 May 2011 the Management Board of the National Depository for Securities had adopted a resolution concerning the designation with the code PLTELL000049 of 70,000 (seventy thousand) ordinary bearer shares in TELL S.A., resulting from the conversion of 70,000 (seventy thousand) preferential registered shares designated with the code PLTELL000015 to be effected on 26 May 2011. In the said resolution, the Management Board of the Depository also stated that as of 26 May 2011, the code PLTELL000015 would designate 2,046,625 (two million forty-six thousand six hundred and twenty-five) shares in TELL S.A., and the code PLTELL000049 would designate 70,000 (seventy thousand) shares in TELL S.A.

Legal basis: Art. 56 sec. 1 clause 2 of the Offer Act – current and periodical information.

Signed: Rafał Stempniewicz – President of the Management Board