Reports

The Management Board of HELIO S.A. hereby informs that on 30 March 2007, the Company’s Supervisory Board adopted a decision concerning the choice of the entity authorized to audit its financial reports. The company PKF Consult Sp. z o.o. with its registered office in Warsaw, 15/17 Elbląska Street, 01-747 Warsaw, entered into the list of entities authorized to audit financial reports, maintained by the National Chamber of Statutory Auditors under number 477 is the chosen entity.
An agreement for the period ending with the completion of the works resulting from the audit of the Company’s annual financial statement for the last period included in the agreement. The agreement shall include in its scope:

– audit of the Company’s annual financial statement prepared for the period from 25 August 2006 to 30 June 2007,
– audit of the Company’s annual financial statement for the period from 1 July 2007 to 30 June 2008,
– audit of the Company’s annual financial statement prepared for the period from 1 July to 30 June 2009
– review of the Company’s interim financial statement prepared for the period from 1 July to 31 December 2007,
– review of the Company’s interim financial statement prepared for the period from 1 July 2008 to 31 December 2008.

The Company has already used the services of PKF Consult Sp. z o.o. in the scope of audit of the financial statement of the legal predecessor of the Issuer for the year 2005, audit of financial statements prepared for the needs of the issuing prospectus (15 August 2003-31 December 2004; 1 January-31 December 2005; 1 January-31 August 2006) as well as for the needs of audit of the financial statements of the last business year of the legal predecessor of the Issuer (1 January 2006-24 August 2006).

The Supervisory Board of HELIO S.A. chose the entity authorized to carry out audit of the financial statements compliant with the current regulations and professional standards.