 
The Company’s Management Board
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Conclusion of significant contract.Reszow : 2009.10.15The Management Board of RESBUD S.A. informs that on 15 October 2009 it signed Annex no. 1/2009 to the contract with P.A. NOVA S.A. with its seat in Gliwice. RESBUD S.A. acts in this contract as Contractor and P.A. NOVA S.A. as Employer.
The Management Board informs that on 22.05.2009 it signed a contract with P.A. NOVA S.A., however it has not published his information because there were no rationale of significant contract criterion. The subject of the contract was performance of construction works by RESBUD S.A. within the framework of investment task called: ”Construction of service and shopping centre in Stalowa Wola at KEN/Ofiar Katynia Street”, net value of the contract was PLN 974,510.55.
Annex no. 1/2009 to the contract changes the scope of contract subject extending it by additional works which have been described in details in the annex; it also changes total value of the contract as follows:
a) for the previous scope of works a net lump-sum remuneration in the amount of PLN 869,678.70,
b) for additional works a net lump-sum remuneration in the amount of PLN 498,427.07.
Total value of the contract is PLN 1,368,105.77 and it exceeds the criterion of significant contract i.e. 10 % of the equity of the Company according to the balance sheet published for the first half of 2009.
The parties set the works completion date for 30.10.2009.
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