Ferrum : Agreeing the change of repayment timetable with regard to the financing institutions

Established in 1874

Steel pipes Hollow sections Coating Current report no.: 36/2017 Date: 2017-06-30 Name of the Issuer: FERRUM S.A. Title: Agreeing the change of repayment timetable with regard to the financing institutions Legal basis: Art. 17 item 1 MAR - inside information

Content of the report:

With reference to the current report no. 34/2017 dated 14th June 2017 and prior reports on agreeing the change of repayment timetable with regard to the financing institutions, the Management Board of FERRUM S.A. (Company, Issuer) informs that on 30th June 2017 it received from Millennium Bank S.A., CC94 Closed-end Investment Fund of Non-Public Assets, Mezzanine Closed-end Investment Fund of Non-public Assets and Distressed Assets Closed- end Investment Fund of Non-Public Asset (hereinafter jointly referred to as Financing Institutions) statements dated as of the same day, providing for the change of timetable of debt repayment to the Financing Institutions encompassing postponement of installment payment date due on 30th June 2017 for 31st July 2017. The total sum of installments, payment of which to the Financing Institutions was postponed for the date referred to above, amounts app. PLN 13 mio.

Moreover, in accordance with the aforementioned statements the time limit for the Issuer's delivery of notifications on the possible direct contracting with Gaz System, about which the Issuer informed in details, among others, in the current report no. 84/2015 and related subsequent reports, was extended until 31st July 2017.

SIGNATURES OF PERSONS REPRESENTING THE COMPANY
Date	Position	First name and surname
2017-06-304	President of the Management Board	Krzysztof Kasprzycki
2017-06-30	Vice-President of the Management Board	Włodzimierz Kasztalski