AGORA S.A.

Regulatory Filings • Jan 9, 2017

Information on the number of "Gazeta Wyborcza's" paid subscriptionsTheManagement Board of Agora S.A. with its registered seat in Warsaw ("theCompany", "Agora") informs that as of December 31, 2016 the number of"Gazeta Wyborcza's" paid subscriptions totalled almost 100 thousandwhich means higher than planned execution of one of the strategic goalsof the Company. The mid-term development plans of the Company set thegoal of 90 thousand paid subscriptions as at the end of December 2016.The goal expressed in the number of paid subscriptions of "GazetaWyborcza" is connected with the transformation of the business model ofCompany's press activity.The number of paid subscriptions of"Gazeta Wyborcza" increased by ca 30% yoy (from over 77 thousand as atthe end of December 2015).