Date of preparation: 2016-01-14

Current report no. 1/2016

Date of issue: 2016-01-14

Name of issuer: TALEX

Subject: Notification about change in the state of shareholding – crossing the threshold of 5% of votes at the General Meeting of Shareholders

Legal basis: Article 70 point 1 of the Act on Offerings – acquisition or disposal of a significant stake of shares

The contents of the report:

The Management Board of Talex S.A. hereby informs that today the Company received a notification, sent by e-mail and fax, from FAMILIAR S.A., SICAF-SIF, the company governed by the law of the Grand Duchy of Luxembourg, incorporated in the form of a société anonyme as collective investment company with variable capital – a specialized investment fund with its registered office in Luxembourg (Fund), pursuant to Art. 69 of the Act of 29 July 2005 on Public Offering. [..] Together with the contents of the notification, the Fund informed that it was sent to Talex also by post that day.

In accordance with the notification, prior to the transaction, the Fund was in the possession of 166,276 shares of the Company, representing 5.5424% of the Company's share capital and entitling to 166,276 votes at the General Meeting of the Shareholders, accounting for 4.8789% of the total number of votes at the General Meeting of Shareholders of the Company.

In accordance with the notification, after the transaction, the Fund holds 177,938 shares of the Company, representing 5.9311% of the Company's share capital and entitling to 177,938 votes at the General Meeting of the Shareholders, accounting for 5.2210% of the total number of votes at the General Meeting of Shareholders of the Company.

Moreover, the Fund informed that there are no entities dependent upon the Fund holding the Company's shares, as well as persons, referred to in Article 87 section 1 point 3 letter c of the Act of 29 July 2005 on Public Offering. […]

TALEX SA declares that corporate documents and financial reports are published in English for information purposes only. TALEX SA is not liable for the accuracy of the translation of the original documents in Polish. The original versions of that documents are available at the management board office in Poznań, Karpia Street 27d.