2016-10-17  6:10 p.m.

The Management Board of PCC Intermodal S.A. (“Company”) informs you that on 18 October 2016, it received the notification from the District Court in Wołów, 4th Department of Land and Mortgage Registers, that on 3 October 2016, was made entry a contractual aggregate mortgage in the amount of PLN 45.000.000,00 in favor Bank Gospodarstwa Krajowego with the registered office in Warsaw (“BGK”).

Above mortgage is the purpose of securing the principal of the investment loan in the amount of PLN 30.000.000,00, interest, fees and charges, cost of proceedings and other claims arising from the credit agreement signed between the Company and the BGK on 5th of August 2016, the conclusion of which the Company informed in the current report no 17/2016.

The contractual aggregate mortgage was established on the right of perpetual usufruct of lands and the ownership of the buildings constituting a separate property, for which the District Court in Wołów, 4th Department of Land and Mortgage Registers keeps a land and mortgage register for the land with the numbers WR1L/00044053/7, WR1L/00044054/4, WR1L/00044050/6, WR1L/00044246/7, WR1L/00044247/4, WR1L/00044236/4, WR1L/00044237/1, WR1L/00044250/8, WR1L/00044248/1, WR1L/00044249/8, WR1L/00044331/0, WR1L/00044052/0, WR1L/00044251/5, WR1L/00044051/3. Above mortgage jointly encumbered property, for which the District Court in Kutno, 5th Department of Land and Mortgage Registers keeps a land and mortgage register for the land with the number LD1K/00009579/4. When the Company receives a decision about entering the above contractual aggregate mortgage also by the District Court in Kutno, the Company will inform in a separate current report.

The Management Board announces that to the land and mortgage registers WR1L/00044053/7, WR1L/00044054/4, WR1L/00044050/6, WR1L/00044246/7, WR1L/00044247/4, WR1L/00044236/4, WR1L/00044237/1, WR1L/00044250/8, WR1L/00044248/1, WR1L/00044249/8, WR1L/00044331/0, WR1L/00044052/0, WR1L/00044251/5, WR1L/00044051/3 was entered claim of BGK to transfer described in this report a contractual aggregate mortgage on the emptied mortgage position, which rise from the expiry of the contractual aggregate mortgage for a total sum of 57.000.000,00 established for BGK, of which establishing a Company informed in a current report no. 6/2015.

On the above listed properties located in Brzeg Dolny and in Kutno, the Company has built a transshipment terminals and leads them operating activities.

Besides, the Management Board of Company informs, that on 18 October 2016 received notification, that on 3 October 2016 the District Court in Wołów, 4th Department of Land and Mortgage Registers has made deletions of the contractual aggregate mortgage up to 4.500.000,00, which was established for BGK as the purpose of securing the principal of the revolving loan in the amount of PLN 3.000.000,00, interest, fees and charges, cost of proceedings and other claims arising from the agreement for a revolving overdraft.

There are no associations between the Company, people managing or supervising the Company and the Bank or people managing the Bank.

Legal ground: Article 17 Section 1 of the Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (market abuse regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC.