Reports

The Management Board of HELIO S.A. hereby informs that it has received the agreement signed by the other party dated on 1 June 2007 concluded between MGB Metro Group Buying Polska Spółka z o.o. (limited liability company) i Spółka Spółka Komandytowa (limited partnership) with its registered office in Warsaw. The agreement regulates the rules of broadly understood trade cooperation in the scope of goods deliveries carried out by HELIO S.A. to the warehouse of the company MGM Metro Group Buying Polska Spółka z o.o. (limited liability company) i Spółka Spółka Komandytowa (limited partnership).

The agreement has been concluded for an unlimited period, whereas the terms of cooperation, including penalties, do not diverge from the terms commonly applied in this type of agreements.

According to the Issuer’s estimates, the value of the subject of the agreement shall fulfill the requirements for recognizing this agreement as significant. The value of the subject of the agreement amounting to at least 10 % of the value of revenues from the Company’s sales for the period of the last four quarters of the business year shall be the fundamental requirement for recognizing this agreement as significant.