Subject: Repurchase of own shares

Current Report 5/2014

Legal basis:
Article 56.1.2 of the Act on Public Offering - Current and Periodic Reports
Pursuant to Article 5.1.6 of the Finance Minister's Regulation of 19 February 2009 on Current and Periodic Reports, the Management Board of MUZA S.A., a company with its registered office in Warsaw (the "Company") hereby announces that on 20 January 2014 it was notified, by Millennium Dom Maklerski S.A., a brokerage house in Warsaw, that between 13 January 2014 and 17 January
2014, Millennium Dom Maklerski S.A. purchased, for its own account, under the provisions of the Share Purchase Brokerage Agreement entered into with the Company and dated 10 July 2012, and acting on its own behalf and at the Company's request, 360 shares in the Company.
The shares were purchased to be resold to the Company in connection with the Company's programme to repurchase its own shares in order to service the executive share options programme as adopted by way of Resolution 7 of the Company's General Meeting of 29 June 2012 and a resolution of the Company's Management Board dated 09 July 2012.
The average purchase price was PLN 3,46 per share.
The nominal value per share is PLN 2.00 and the total nominal value of the shares repurchased between 13 January 2014 and 17 January 2014 is PLN 720,00.The repurchased share represent (0.0126%) of the Company's share capital and carry 360 (0.0109%) voting rights at the Company's General Meeting.
After the shares are repurchased from Millennium Dom Maklerski S.A., between 06.02.2012 (current report 10/2013) and 17.01.2014 (current report 5/2014), the Company will hold a total of 34.150 own shares, representing 1,1974% of the Company's share capital and carrying 34.150 (1,0311%) voting rights at the Company's General Meeting.

Information on the repurchase of the shares from Millennium Dom Maklerski S.A. in accordance with the said agreement will be disclosed by the Company in a separate report.

company

ISIN

year

date and time of

transaction

Buy/Sell

stock

exchange

rate

numbers

PW

value

KUR

MZA

PLMUZA000019

2014

2014-01-14 09:00

B

WWA

3,54

50

177

956

MZA

PLMUZA000019

2014

2014-01-15 17:00

B

WWA

3,45

300

1 035,00

956

MZA

PLMUZA000019

2014

2014-01-15 17:00

B

WWA

3,45

10

34,5

956

Total

3,4625

360

1 246,50

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