KINO POLSKA TV : Appointment of a registered audit company

Current report No. 12/2017 Issuer: Kino Polska TV S.A. Issued on: 16 June 2017

Subject: Appointment of a registered audit company

Legal basis: Article 56 clause 1 point 2 of the Act on Public Offering - current and periodic information

Contents of the report:

Kino Polska TV S.A. ("the Company", "the Issuer") informs that today, i.e. on 16 June 2017, the Company's Supervisory Board, acting on the basis of para. 17 sec. 1 points 2-3 of the Statute of Kino Polska TV S.A., in accordance with the applicable regulations, adopted a resolution on the appointment of PricewaterhouseCoopers Sp. z o.o., ("the PwC") with its registered office in Warsaw, at al. Armii Ludowej 14, registered audit company No. 144, to audit the Issuer's separate financial statements for the period: 01.01.2017 - 31.12.2017, and for the period 01.01.2018 - 31.12.2018, as well as the consolidated financial statements of the Company's Capital Group for the period 01.01.2017 - 31.12.2017, and for the period 01.01.2018 - 31.12.2018, and to review the separate and consolidated financial statements of the Issuer and its Capital Group for the first half of 2017 and for the first half of 2018.

At the same time, the Supervisory Board of Kino Polska TV S.A. authorized the Company's Management Board to extend the engagements and to conclude an agreement with PwC regarding the audit and review of the abovementioned statements.

The Company used services of PricewaterhouseCoopers Sp. z o.o before, for the audit of the financial statements of Kino Polska TV S.A. and the consolidated financial statements of the Company's Capital Group for 2014, 2015 and 2016 as well as the review of the separate and consolidated financial statements of the Company and its Capital Group for the first half of 2014, 2015 and 2016 of which the Issuer informed in current reports No. 24/2016 dated 14 July 2016, No. 17/2015 on 28 July 2015 and No. 31/2014 on 7 July 2014. The PwC prepared as well opinions and reports of studies and reports on the review of the abovementioned financial statements in English version. In past years the PwC also provided to the Issuer advisory and opinion services on drafts of corporate and organizational documents of the Company. In addition, since 2017 the Company uses the PwC's tool - myReporting when preparing financial statements.

Legal basis: Para. 5 sec. 1 point 19 and para. 25 of the Regulation of the Minister of Finance of 19 February 2009 on current and periodical reporting by issuers of securities and the conditions for recognizing information required under the legal regulations of a state which is not a Member State as being equivalent (Journal of Laws for 2009, No. 33, item 259).

Signed by:

Bogusław Kisielewski, President of the Management Board Marcin Kowalski, Member of the Management Board