Auditor Selected to Review H1 2011 Report

Report number 038/2011

Legal basis: Art. 56.1.2 of the Act on Public Offering – current and periodic information

The Management Board of LC Corp S.A. (the Issuer) hereby reports that today i.e. June 27th  2011, under a resolution of the Company's Supervisory Board, and pursuant to the Company's Statutes of Association – Ernst & Young Audit Sp. z o.o. of Warsaw, Rondo ONZ 1, which is entered under position No. 130 on the list of the entities holding the qualifications required to audit financial statements (the list is kept  by the National Chamber of Statutory Auditors) – was selected to audit the non-consolidated and consolidated financial statements of LC Corp SA for H1 2011.

Ernst & Young Audit Sp. z o.o. also audited the Issuer's financial statements for 2006, 2007, 2009 and 2010, as well as H1 2008. The contract with the Auditor will be concluded for the period in which the audit is to be carried out.

The selection of the auditor was conducted pursuant to binding regulations and trade standards.


Legal basis: Art. 56.1.2a of the Act on Public Offering and Conditions Governing the Introduction of Financial Instruments to Organised Trading and Public Companies (Journal of Laws – Dz. U. of 2005, No 184 item 1539, as amended), in connection with Art. 5.1.19 and Art. 25 of the Directive of the Minister of Finance dated February 19th 2009 on current and periodic information published by issuers of securities and conditions for recognising as equivalent the information required by the laws of a non-member state (Journal of Laws – Dz.U. No. 33, Item 259).