Legal basis: Article 56 (1)(1) of the Act on Public Offering - confidential information

POLNORD SA ('Polnord') presents preliminary information on the number of apartments sold and delivered during the period from 1 January to 31 December 2015.

In 2015, the Polnord Capital Group ('Group') sold, on the basis of preliminary and reservation agreements:

a) net 1,320 units (data not weighted with Polnord's share in individual Group companies),

b) net 1,055 units (data weighted with Polnord's share in individual Group companies).

Sales results of the Group for 2015 were influenced by the change in the presentation of an agreement regarding a hotel project implemented by the Group in Warsaw, Wilanów district. Originally, in the period of first three quarters of 2015, 190 units were classified as sold; currently, the Group treats 24 units as sold, the other ones as covered by a binding agreement.

The number of units to be recognized in the profit and loss account of the Group for the period from 1 January to 31 December 2015 will be 992 (data weighted with Polnord's share in individual Group companies), of which 334 units - in the fourth quarter of 2015.

SIGNATURES OF THE COMPANY'S REPRESENTATIVES

2016-01-11 Jerzy Kotkowski - Member of the Management Board

2016-01-11 Jerzy Kamiński - Member of the Management Board

POLNORD SA issued this content on 2016-01-11 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2016-01-11 10:02:10 UTC

Original Document: http://ri.polnord.pl/en/reports/current-reports/2016/22016