Stomil Sanok managers enjoy the best incentives around

As a motivating factor they are allowed to purchase the company's stock at a price of zł.2 per share, while at the close of trade yesterday, the stocks were priced at zł.138. Therefore, with the current financial evaluation of the company the value of the stock intended for the management reaches zł.62 million, which makes it the largest incentive program among publicly listed companies in terms of value. Analysts claim that the options will have an effect on the company's results as they will be treated as costs. Stomil Sanok president, Marek Łęcki admitted that the consolidated net profit will be lowered by zł.6.9 million with each of the planned three tranches. In total, the program will eat away zł.20.7 million of the company's profits by 2006. (Parkiet, p. 1) A.K.