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Cyfrowy Polsat S.A. M&A Activity 2018

May 11, 2018

5576_rns_2018-05-11_484d53cd-f50c-4f6a-a577-f7f3c7969203.html

M&A Activity

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Subject:Satisfaction of a Condition SetForth in the Tender Offer to Place Subscriptions for the Sale of Sharesin Netia S.A.The Management Board of Cyfrowy Polsat S.A.("Cyfrowy Polsat", the "Tenderor") hereby gives notice in connectionwith the tender offer to place subscriptions for the sale of shares inNetia S.A. announced by Cyfrowy Polsat on 5 December 2017 pursuant toArticle 73 Section 1 of the Act on Public Offering, Conditions Governingthe Introduction of Financial Instruments to Organized Trading, andPublic Companies of 29 July 2005 (consolidated text in Dziennik Ustaw of2016 item 1639, as amended) (the "Company", the "Tender Offer") that on11 May 2018 Cyfrowy Polsat received the decision of the President of theOffice of Competition and Customer Protection granting its unconditionalclearance for the merger consisting in the Tenderor taking control overthe Company, which amounts to the satisfaction of the legal conditionset forth in Section 29 of the Tender Offer.

Cyfrowy Polsat gave notice of theannouncement of the Tender Offer in its current report No. 26/2017 of 5December 2017.

The full statement has been published in therelevant Polish Press Agency service.