With reference to the information provided in interim reports by Unibep S.A. (the Company, the Issuer) pertaining to the dispute with Jessheim Vest Bolig og Naering AS (Jessheim Bolig) over the implementation of a construction project by the Issuer for Jessheim Bolig between 2012 and 2013, consisting of the construction of 5 modular buildings in the town of Jessheim (Norway), the Management Board of the Company hereby announces that on 27 November 2017 they were advised that Eidsivating lagmannsrett (i.e. the Norwegian court of second instance) delivered a judgement in the case brought by Unibep S.A. and Jessheim Bolig (counterclaim), under which the Issuer was ordered to pay Jessheim Bolig the amount of approx. NOK 19.1 million, i.e. approx. PLN 8.3 million (the principal amount), plus interest in the amount of approx. NOK 4.2 million, i.e. PLN 1.8 million, and the costs of proceedings in the amount of approx. NOK 4.8 million, i.e. approx. PLN 2.1 million, for the proceedings before the court of first instance, and additionally approx. NOK 4.7 million, i.e. approx. PLN 2.0 million for the proceedings before the court of appeal.

Attachments:

60/2017