Current report 47/2006

The Management Board of ATM S.A. inform that the Company assumed today 241 shares in the share capital of its subsidiary ATM Services sp. z o.o. having its registered office in Łódź.

The shares are assumed as a result of the share capital increase at ATM Services sp. z o.o., and shall be paid up with cash. The nominal value of each share assumed by the Company amounts to PLN 625, and their total value is PLN 150,625. The shares have been acquired out of the Company’s own funds. The investment in the company shares is of a long-term nature.

The shareholding of the Company in the increased share capital of ATM Services sp. z o.o. is 60%. The number of votes at the General Meeting of Shareholders is the same. The Vice-President of the Management Board of ATM S.A. Tadeusz Czichon was dismissed today from the function of President of ATM Services sp. z o.o. Mr. Michał Kasprzak was appointed to replace him. Following the change in the Management Board at ATM Services sp. z o.o., there are no ties between ATM S.A. and ATM Services sp. z o.o. except for the capital participation of ATM S.A. in the subsidiary.

The criterion being the basis for considering the assets significant is the excess of 20% of the share capital of ATM Services sp. z o.o.

signatures:
Roman Szwed — President of the Management Board,
Tadeusz Czichon — Vice-President of the Management Board