Current report No. 32/2014

Decision not to launch the eurobond issue

 

Body of the Report:

In reference to current reports no. 30/2014 and 31/2014 of 20 October 2014, the Management Board of Jastrzębska Spółka Węglowa S.A. („JSW”) reports that in connection with the roadshow meetings held with institutional investors in the United States and the United Kingdom concerning the planned eurobond issue it has decided not to launch this transaction at the current time on account of market conditions.