Polish Privatization: Zespół Uzdrowisk Kłodzkich SA

The Klodzko Health Resorts Group Joint Stock C.O. Offers medical practice activities and physiotherapy and it is engaged in the production of soft drinks, mineral waters and other bottled waters. 3,450,000 ordinary shares can be bought with nominal value of PLN 10 (€ 2.49, $3.52) currently owned by the Treasury, constituting 90.09% of the share capital of the company. The nominal value of the stock is €8,590,500, $12,144,000. The price of the shares will be object for negotiation. A “Company Memorandum” on the legal, financial and economic situation of the company can be purchased for PLN 100 (€ 24.9, $35.2).

The deadline for submitting written responses for the purchase of shares in the Company shall be 15 February 2010, 2.00 PM Warsaw Time.