Echo Investment is going to carry out share split at the ratio 1:10. The resolution concerning change of the previous number of the Company’s shares on the way of division of their face value, was adopted during the Extraordinary General Shareholders Meeting, on 18th of October 2007.

The previous face value of each share, in the amount of 0,50 PLN, has been settled as the amount of 0,05 PLN for each share. As a result of the carried out division, the number of shares gets increased from 42 million of shares to 420 million of shares. Split shall be performed still in this year, after all the formal activities shall be completed.

The aim of the change in the Company’s initial capital structure is increase of the liquidity of shares quoted at the Warsaw Stock Exchange.