Cyfrowy Polsat S.A. — M&A Activity 2016

May 25, 2016

Announcement of the squeeze-out of shares in MidasS.A. by an indirect subsidiary of the CompanyTheManagement Board of Cyfrowy Polsat S.A. (the "Company")hereby gives notice that Polkomtel sp. z o.o. ("Polkomtel"),an indirect subsidiary of the Company, which directly and indirectlyholds 1,379,597,139 shares in Midas S.A. ("Midas"),constituting 93.237% of the Midas share capital, on 25 May 2016announced a squeeze-out of the shares in Midas held by all the remainingshareholders of that company (the "Squeeze-Out").Thesqueeze-out date was set for 31 May 2016, and the squeeze-out price isPLN 0.81 (eighty one grosz) per one share in Midas.Thedetailed terms of acquiring the Midas shares under the Squeeze-Out arelaid out in the publicly disclosedInformation about the intention toacquire Midas shares by way of the Squeeze-Out, prepared byPolkomtel in accordance with the requirements defined in the Ordinanceof the Minister of Finance of 14 November 2005 on the acquisition ofshares in a public company by way of a squeeze-out (Dz. U. of 2005, No.229, item1948).