FINANCIAL SUPERVISION AUTHORITY. Legal foundation: Art. 56 par. 1 section 2 of the Law on the offer current and periodic information

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1 FINANCIAL SUPERVISION AUTHORITY Current report No 32/2010 Date of preparation: 3 rd September, 2010 Abbreviated name of the Issuer: ELZAB Subject: Implementation of changes to the agenda of EGM convened on Legal foundation: Art. 56 par. 1 section 2 of the Law on the offer current and periodic information The text of the report: In relation to the current report No 28/2010 dated , in connection with received Shareholder s motion on extending the agenda of the EGM convened by the Management Board of ELZAB S.A Computer Works Joint Stock Company in Zabrze on at 11:00 a.m., the Management Board, considering in full the Shareholder s motion, introduces changed EGM agenda and projects of resolutions and their justification. The following points are implemented to the agenda: 6. Adopting resolution on change of the Shareholders Meeting resolution No 10 from 29th May, 1998, on establishing the Supervisory Board Members remuneration. 7. Adopting resolution on subject changes in the Company Statute. The order of previously published points of the agenda has been changed in the following way: It was: 6. Adopting resolution on covering the costs of convening and holding the Extraordinary General Meeting. It is: 8. Adopting resolution on covering the costs of convening and holding the Extraordinary General Meeting. It was: 7. Miscellaneous. It is: 9. Miscellaneous. It was: 8. Closing the debates of the. It is: 10. Closing the debates of the. The announcement on extended agenda and projects of resolutions and their justification are attached in files. Legal foundation: 38 section 1 point 4 of Minister s of Finance Decree on current and periodical information

2 SIGNATURES OF PERSONS REPRESENTING THE COMPANY Date Full name Position / Function Signature Jerzy Biernat Vice President of Management Board, CEO Jerzy Malok Member of the Management Board, Commerce Vice President

3 ANNOUNCEMENT In relation to shareholder s motion received under art. 401 of Commercial Companies Code to extend the agenda of the convened by the Management Board of ELZAB Joint Stock Company in Zabrze on 22 nd September, 2010; time: a.m, the Management Board of ELZAB Joint Stock Company, accepting abovementioned motion, hereby announces changed agenda of the. The proposed agenda: 1. Opening the debates of the. 2. Election of the Chairman of the. 3. Statement of the correct convening the and its capability to adopt resolutions. 4. Acceptance of the proposed agenda. 5. Adopting resolutions on changes in the Supervisory Board. 6. Adopting resolution on changes of resolution No 10 of the General Meeting dated 29 th May, 1998 concerning remuneration of members of the Supervisory Board. 7. Adopting resolution on changes in the Company Statute. 8. Adopting resolution on covering the costs of convening and holding the Extraordinary General Meeting. 9. Miscellaneous. 10. Closing the debates of the. Pursuant to the requirement of art. 402 of Commercial Companies Code, The Management Board of ELZAB S.A. Computer Works hereby states the existing provisions of the Company Statute and the text of the proposed amendments: a) The existing 1 par. 2 section 15 of the Company Statute reading: page 1 15) Granting consent to the Management Board for carrying out the following procedures: (i) (ii) Acquisition, within one or more associated transactions, the enterprise or its organized part, Acquisition or sale of property (including the right to perpetual usufruct) or share in it, (iii) Taking over or acquisition of stock (shares) in another company and sale of stock (shares) owned by the Company, (iv) Incurring or granting a loan, incurring a credit, granting a guarantee or surety by the Company concerning fulfillment of the Company s own or third party liability the unit value whereof exceeding the equivalent of PLN ,00 (fifty thousand zlotys).

4 Has been deleted. b) The existing 1 par. 3 of the Company Statute reading: 3. The provisions of 1 par. 2 section 15 do not release the Management Board of the duty to obtain the consent of another Company authority, if such requirement is provided in the law or this Statute. Has been deleted. Deputy Chairman of the Management Bard, CEO Jerzy Biernat Commercial Vice-President Jerzy Malok page 2

5 R E S O L U T I O N No 1 Draft on: election of the General Meeting Chairman Acting in virtue of art. 409 of Commercial Companies Code, and 9 par.1 of the Company Statute, the following resolution has been adopted:... is hereby elected the Chairman of the. The resolution shall come into force and effect on the day of being passed.

6 Draft R E S O L U T I O N No 2 on: acceptance of the agenda The hereby adopts the following resolution: The following agenda settled and announced by the Company Management Board in the announcement about convening the published on the Company website on 25 th August, 2010 and by current report No 28 on 25 th August, 2010, and due to shareholder s motion and decision of the Company Management Board, changed and published on the Company website on 3 rd September, 2010 and by current report No. on 3 rd September, Opening the debates of the. 2. Election of the Chairman of the. 3. Statement of the correct convening the and its capability to adopt resolutions. 4. Acceptance of the proposed agenda. 5. Adopting resolutions on changes in the Supervisory Board. 6. Adopting resolution on changes of resolution No 10 of the General Meeting dated 29 th May, 1998 concerning remuneration of members of the Supervisory Board. 7. Adopting resolution on changes in the Company Statute. 8. Adopting resolution on covering the costs of convening and holding the Extraordinary General Meeting. 9. Miscellaneous. 10. Closing the debates of the. The resolution shall come into force and effect on the day of being passed.

7 Draft R E S O L U T I O N No 3 on: changes in the Supervisory Board Acting in virtue of art. 381 section 1 and art. 385 of Commercial Companies Code the hereby adopts the following resolution: The hereby dismisses the following Supervisory Board members:.. The resolution shall come into force and effect on the day of being passed.

8 Draft R E S O L U T I O N No 4 on: changes in the Supervisory Board Acting in virtue of art. 381 and 385 of Commercial Companies Code, the Extraordinary General Meeting has adopted the following resolution: The, hereby appoints the following Supervisory Board members : The resolution shall come into force and effect on the day of being passed. From the moment of entry in the register of entrepreneurs of the National Court Register of changes in the Company Statute passed in resolution No 13 of the Company Annual General Meeting of 24 th June, 2010, the term of the new Supervisory Board member shall become the common term with the Supervisory Board members elected by resolution No 13 of the Company Annual General Meeting of 24 th June, 2010.

9 Draft R E S O L U T I O N No 5 on: changes of resolution No 10 of the General Meeting dated 29 th May, 1998 concerning remuneration of members of the Supervisory Board. Acting in virtue of art. 392 of Commercial Companies Code and in connection with 2 par. 2 of the Company Statute, the has adopted the following resolution: of the resolution No 10 of the General Meeting dated 29 th May, 1998 concerning remuneration of members of the Supervisory Board has been changed as follows: 1. The Members of the Supervisory Board are entitled to remuneration amounted to 1000,00 PLN (one thousand zlotys) gross per one meeting of the Supervisory Board. 2. In case of absence of a member at a meeting of the Supervisory Board, this member is not entitled to remuneration for such a meeting. The resolution shall come into force and effect on 1 st October, 2010.

10 Draft R E S O L U T I O N No 6 on: changes in the Company Statute. Acting in virtue of art. 430 of Commercial Companies Code and in connection with 30 par. 1 section 5 of the Company Statute, the has adopted the following resolution: 1. 1 par. 2 section 15 of the Company Statute has been deleted par. 3 of the Company Statute has been deleted. The resolution shall come into force and effect on the day of registration by appropriate court.

11 Draft R E S O L U T I O N No 7 on: covering the costs of convening and holding the Acting in virtue of art of Commercial Companies Code, the Extraordinary General Meeting has adopted the following resolution: The of the Company hereby decides that the costs of convening and holding the shall be borne by the Company. The resolution shall come into force and effect on the day of being passed.

12 JUSTIFICATION OF THE RESOLUTIONS OF ELZAB S.A. COMPUTER WORKS EXTRAORDINARY GENERAL MEETING of 22 nd September, 2010 Resolution No 1 ordinal resolution Resolution No 2 ordinal resolution Resolution No 3 and 4 resolutions introduced at the request of the shareholder who motioned for convening the. Resolution No 5 and 6 resolutions introduced at the request of the shareholder who motioned to extend the agenda of the. Resolution No 7 - resolution introduced at the request of the shareholder who motioned for convening the. Deputy Chairman of the Management Board, CEO Jerzy Biernat Commercial Deputy Chairman Jerzy Malok