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KGHM Polska Miedz (KPMD)

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Tuesday 06 May, 2008

KGHM Polska Miedz


KGHM Polska Miedz S.A.
06 May 2008

Current report 27/2008
(6 May 2008)

The Management Board of KGHM Polska Miedz S.A., based on information received
today, announces that on 25 March 2008 a change in share capital was registered
at the Regional Court for Wroclaw-Fabryczna in Wroclaw, Section IX (Economic) of
the National Court of Registration for an indirect subsidiary of KGHM Polska
Miedz S.A. - PU 'Mercus Serwis' Sp. z o.o.  The share capital of PU 'Mercus
Serwis' Sp. z o.o. was increased by PLN 1 499.8 thousand through the creation of
1 714 shares having a face value of PLN 875 each.

All of the newly-created shares were acquired by PHP 'Mercus' sp. z o.o.
(subsidiary of KGHM Polska Miedz S.A.) at face value, i.e. PLN 875 each, and
were covered by a contribution in kind in the form of a property.

The carrying amount of the acquired assets in the accounts of PHP 'Mercus' sp. z
o.o. according to their initial recognition at cost is PLN 1 499.8 thousand.

The shares acquired represent 68.2% of the share capital of PU 'Mercus Serwis'
Sp. z o.o.

Acquisition of these assets was financed by the internal funds of PHP 'Mercus'
sp. z o.o. The assets acquired are of a long-term, equity investment nature.

Currently the share capital of PU 'Mercus Serwis' Sp. z o.o. amounts to PLN 2
199.8 thousand and is divided into 2 514 shares of PLN 875 each.

The total number of votes arising from all shares after registration of this
change in share capital is 2 514.

100% of the share capital of PU 'Mercus Serwis' Sp. z o.o. is owned by PHP '
Mercus' sp. z o.o. Therefore PHP 'Mercus' sp. z o.o. has the right to 2 514
number of votes at the Shareholders' Meeting of the company.

The criteria used for describing the assets as significant is that the financial
assets acquired by PHP 'Mercus' sp. z o.o. exceed 20% of the share capital of PU
'Mercus Serwis' Sp. z o.o.

Legal basis: para.  5 sec. 1 point 1 of the Decree of the Minister of Finance
dated 19 October 2005 regarding current and periodic information published by
issuers of securities (Journal of Laws from 2005 No. 209, item 1744)

                      This information is provided by RNS
            The company news service from the London Stock Exchange