During the Extraordinary General Meeting of Computer Works „ELZAB” S.A. held on 29th April, 2009, one of the shareholders asked the following question upon proceeding to section 8 of the agenda, i.e. presentation of draft of resolution No 2 on consent to the Company’s buyout of its own shares carried out in virtue of art. 362 § 1 section 8 of Commercial Companies Code:
Does the Company have funds to carry out the buyout of its own shares and did the Management Board consider the buyout of the Company’s own shares in the mode of announcing the call?
Management Board’s Reply:
Yes, the Company has funds to carry out the buyout of its own shares while exercising the above resolution.
The Management Board did not consider carrying out of buyout through call.
