The Management Board of Wawel S.A (hereinafter referred to as the Issuer) hereby informs that total value of term deposit agreements (short-terms), concluded between Issuer and Getin Noble Bank SA (hereinafter referred to as the Bank) on 31st December 2015 equalled 118,000,000.00 PLN (in words: one hundred eighteen million).

The highest value was the deposit in the amount of 100,000,000.00 PLN (in words: one hundred million) which was made on 31st December 2015 to 31st March 2016 and the interest rate is agreed at the arm's length principle.

This deposits were concluded within the Deposit Transaction Master Agreement, to which the Bank and the Issuer are the Parties. The said agreement shall not determine any provisions on penalties and the remained provisions of the agreement do not differ from commonly applied market terms and conditions.

The agreements were recognized as significant, because the deposit amount exceeds 10% of the Issuer's equity.

WAWEL SA issued this content on 2015-12-31 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2016-01-04 17:17:19 UTC

Original Document: http://www.wawel.com.pl/relations.php/en/reports/reports/38-2015-the-term-deposit-agreements.html