Current report no. 26/2014

Date of issue: 2014-11-25

Name of issuer: TALEX

Subject:  Conclusion of the agreement with Grupa Allegro Sp. z o.o.

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

The contents of the report:

The Management of Talex S.A. hereby informs that the Company has received information on the conclusion of the agreement of 24 November 2014 with Grupa Allegro Sp. Z o.o. with its registered office in Poznan (Client). The agreement has been concluded for a fixed period, till 31 December 2018, with the possibility of its extension for an indefinite period after that date.

The subject of the agreement is the provision for the Client of collocation services in the Data Processing Center (Data Center) of Talex S.A. along with associated services (IT outsourcing).

The estimated net value of the agreement in the period till 31 December 2018 is PLN 12.4 million. The actual value of the agreement is dependent upon the number of Client's devices co-located in the Data Center of the Company during the term of the agreement as well as the amount and the scope of the associated services provided.

The agreement provides for contractual penalties total value of which is restricted to the amount of PLN 3 million in the term of the agreement. The payment of contractual penalties shall not exclude the right to claim compensation by the Client in the amount exceeding the amount of these penalties.

The criterion to consider the 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.