INVEST IN TALEX

INVESTORS

Current report no. 23/2011

Date of issue: 2011-08-22

Name of issuer: TALEX

Subject: Concluding an agreement with the Polish Nationwide Foundation of Computer Education

Legal basis: Art. 56 (1) (2) of the Act of 29th July 2005 on public offerings - current and periodical information

The contents of the report:

Management of Talex S.A. informs that today the Company has received information on concluding the agreement with the Polish Nationwide Foundation of Computer Education (OFEK Ogólnopolska Fundacja Edukacji Komputerowej) with its seat in Wroclaw (Foundation). The subject of the agreement is the delivery of IT hardware, software and other IT services as part of the realization by the Opole Voivodeship of the project "Opole e-School, a school to the future".

Remuneration for executing the subject of the agreement is estimated at PLN 5.3 million gross.

The agreement provides for the following contractual penalties: penalty of 0.5% of the value of the remuneration due to the Company for the part of the agreement that concerns the delay, for each day of delay, and penalty of 20% of remuneration in case of withdrawal from the agreement by the Foundation for reasons attributable to the Company.

Paying contractual fines does not exclude the possibility of demanding by the Foundation compensation claims that exceed the amount of those fines.

Criterion for the recognition agreement as significant: the amount of equity.

 

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.

Talex S.A.

ul. Karpia 27d
61-619 Poznan, Poland
tel. +48 61 827 5500
fax: +48 61 827 5599


KRS: 0000048779
NIP: 782-00-21-045
Regon: 004772751
Shared capital: PLN 3 000 092



Talex S.A., Talex S.A.
Talex S.A.

ul. Karpia 27d
61-619 Poznan, Poland
tel. +48 61 827 5500
fax: +48 61 827 5599


Registered: 0000048779
IN VAT: 782-00-21-045
Regon: 004772751
Shared capital: PLN 3 000 092