PCC Intermodal : Current report no 15/2015 - Conclusion of agreements between PCC Intermodal SA and Capital Group of Bank Millennium which together meet the criterion of a significant agreement

Gdynia, 18.05.2015

The Management Board of PCC Intermodal SA (the 'Company') hereby announces that on 18 May 2015 was signed agreement between the Company and the entities included in the Capital Group of Bank Millennium with a total value of PLN 15,037,894.55.

Among concluded with the Capital Group of Bank Millennium agreements, there are two operating leasing agreements concluded with Millennium Leasing Sp. with o.o ('Millennium'). On the basis of these agreements, the Company agreed to sell 'Millennium' 122 units of carriages, and then use these wagons based on leasing. The value of carriages, which the Company undertook to sell, amounts to EUR 2,974,670.00 (ie. PLN 12,037,894.55). The subject of the operating leasing agreements are carriages like: SGS and RGS designed to carry ISO containers. Sales will be conducted on the basis of separate agreements, the signing which the Company will inform a separate current report.

The carriages which the Company has agreed to sell, were considered assets of significant value, because their total value represents more than 10% of its equity.

The highest value agreement is the one of the above operating lease agreement, which concerns the obligation to sell 61 carriages and use them based on leased. The value of this contract is the equivalent of the selling price carriages, which was established in Euro and amounts to EUR 1 500 309,00 (ie. PLN 6,071,450.46). The lease term is 69 months. Detailed conditions of this agreement do not deviate from market standards used in this type of contract.

The criterion for deeming concluded agreement to be significant is that it exceeds 10% of the value of the Company shareholders' equity.

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

The amounts contained in this report have been converted at the average Euro exchange rate announced by the NBP on 18 May 2015 in accordance with § 2 point 7 mentioned above regulation.

Legal ground: §5 section 1 point 1 and 3 of the Regulation of the Minister of Finance dated February 19, 2009 on current and periodic information published by issuers of securities and on conditions under which such information may be recognized as being equivalent to information required by the regulations of law of a state which is not a member state.