One of the largest and most experienced residential developers in Poland, Murapol, published a prospectus for the initial public offering of the Company's shares and for their admission and introduction to trading on the main market of the Warsaw Stock Exchange. The offering covers up to 14,280,000 existing shares, representing up to 35 percent of the Company's share capital. The maximum share price for individual investors is PLN 40 per share. The final price and the final number of offered shares will be determined by November 30 this year.

"The approval of the prospectus by the Securities Commission, its publication, and the launch of the public offering of shares is another step on Murapol's way to the Stock Exchange in Warsaw. We give investors the opportunity to invest in a company from an attractive industry, with a nationwide scale of operations and high potential in the segment of selling apartments retail customers as well as in the new, developing PRS segment, for which the Murapol Group will provide premises. If the market conditions are favorable, we will join companies listed on the Warsaw Stock Exchange this year. I am convinced that in the coming years we will continue to strengthen our leading position on the Polish development market, and for stock exchange investors, Murapol will be a welcome example of a combination of a growth and dividend company," Nikodem Iskra, president of Murapol, said.

(WBJ)