Ferrum : Information on the transfer of liabilities made by financial institution

Established in 1874

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Current Report: 3/2017 Date: 2017-01-19 Name of the Issuer: FERRUM S.A. Title: Information on the transfer of liabilities made by financial institution Legal basis: Art. 17 item 1 MAR - inside information Content of the Report:

The Management Board of FERRUM S.A. (Issuer) informs that on 19th January 2017 it received from mFaktoring S.A. (mFaktoring) and CC94 Closed-end Investment Fund of Non-Public Assets (Fund) a common notification on the transfer, made to the benefit of the Fund, of the liability that mFaktoring had against the Issuer. In accordance with the obtained notification, the transfer of liabilities to the Fund was executed on 30th December 2016.

Referring to the above, as on the day of transferring the liabilities the Fund subrogated in the rights and obligations of a creditor resulting from the arrangement concluded between the Issuer and mFaktoring, presented in the current report no. 85/2015 of 23rd December 2015 (and in subsequent current reports concerning the above arrangement), including as well the form and amount of security of the debt settlement that has been previously established to the benefit of mFaktoring.

SIGNATURES OF PERSONS REPRESENTING THE COMPANY
Date	Position	First name and surname
2017-01-19	Vice-president of the Management Board	Krzysztof Kasprzycki
2017-01-19	Holder of a Commercial Power of Attorney	Barbara Sterkowicz