Pkd) Activities (Class) Comments Registration Origin 31.12.2004

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Pkd) Activities (Class) Comments Registration Origin 31.12.2004 CAPITAL INVESTED COUNTRY OF COUNTRY OF NO. INVESTOR (millions of USD) as of ACTIVITIES (PKD) ACTIVITIES (CLASS) COMMENTS REGISTRATION ORIGIN 31.12.2004 43,93% stake inTelekomunikacja Polska S.A. (Warsaw), 66% stake in PTK 1 France Telecom 4 470,4 France France transport, storage and communication telecommunications Centertel Sp. z o.o. (Warsaw), Equant Poland (Warsaw), France Telecom Polska (Warsaw), Sofrecom Warszawa (Warsaw) Foreign direct investment projects incl. : BPH PBK S.A., Dalkia Termika, European Bank for Reconstruction and 2 4 000,0 International International financial intermediation banking, capital investment Fiat/FSM, Kredyt Bank, Kruszwica S.A., Lafarge Polska, PKP reconstruction and Development (EBRD) privatisation projects, PEKAO S.A., Polska Telefonia Cyfrowa Sp. z o. o. Fiat Auto Poland S.A., Teksid Poland S.A., Magneti Mareli (Magneti Marelli After Market, Magneti Marelli Suspension System, Magneti Marelli Thermal System), manufacture of transport equipment; manufacture of motor vehicles, life insurance, pension New Holland Bizon, Comau, Fenice, Fiat Bank Polska, Fiat Finance Polska S.A., 3 Fiat 1 800,6 Italy Italy financial intermediation funding, non-life insurance, banking Fiat Ubezpieczenia Majątkowe S.A., Fiat Ubezpieczenia Życiowe S.A., Toro Poland Investments Sp. z o. o., Business Solutions Polska, Ingest Segim Polska, ITS-GSA Polska KBC Representative Office Polska (Warsaw), 66,5% stake in Kredyt Bank S.A., 4 KBC Bank N.V. 1 743,4 Belgium Belgium financial intermediation banking, insurance 70,11% stake in Agropolisa S.A. (Warsaw), 75,13% stake in Warta S.A. Metro Group S.A., Metro Group Real Estate Management Polska Sp. z o. o., 5 Metro Group AG 1 508,0 Germany Germany wholesale and retail trade wholesale and retail trade Makro Cash & Carry Polska S.A., Real Sp. z o. o., Praktiker Polska Sp. z o. o., Media Markt Sp. z o. o. - supermarkets chains HypoVereinsbank Bank Hipoteczny SA, BPH Leasing SA, PBK Inwestycje SA, 6 HVB 1 336,0 Germany Germany financial intermediation banking, other credit granting PBK Property Sp. z o.o, Centrum Bankowości Bezpośredniej Sp. z o.o. 7 Citigroup 1 300,0 USA USA financial intermediation banking, other credit granting Citibank Bank Handlowy w Warszawie S.A. (Warsaw) retail sale in non-specialized stores with food, 8 Tesco Plc 1 300,0 The United Kingdom The United Kingdom wholesale and retail trade supermarkets chain beverages or tobacco predominating construction, real estate and business general construction of buildings and civil engineering 9 Apollo-Rida Poland Llc. 1 300,0 USA USA Apollo-Rida Poland Sp. z o. o. (Warsaw) activities works transport, storage and communication; real telecommunications; management activities of holding 49% stake in Elektrim Telekomunikacja S.A.(Warsaw), 50% stake in Carcom 10 Vivendi Universal 1 243,4 France France estate, renting and business activities; companies; sale of motor vehicles Warszawa Sp. z o. o. (Warsaw), 10% stake in Elektrim S.A. (Warsaw) wholesale and retail trade other community, social and personal UPC Polska (Warsaw), 25% in UPC Telewizja Kablowa (Warsaw), 25% in Canal 11 United Pan-Europe Communications N.V. 1 200,0 The Netherlands The Netherlands radio and television activities service activities + Cyfrowy 12 UniCredito Italiano SpA 1 200,0 Italy Italy financial intermediation banking 53,2% stake in Bank Pekao S.A. (Warsaw) sawmilling and planing of wood; impregnation of wood; Kronospan PL Sp. z o. o., Polspan Sp. z o. o., Krono-Chem Sp. z o. o. manufacture of veneer sheets; manufacture of plywood, (Szczecinek); Melnox Sp. z o. o., Krono-Wood Sp. z o. o. (Mielec); Maltadecor 13 Kronospan Holdings Ltd. 1 061,8 Cyprus Cyprus manufacture of wood and wooden products laminboard, particle board, fibre board and other panels S.A., Malta Trading Sp. z o. o. (Poznań), Rudawadecor Sp. z o. o. (Rudawa); and boards Kronoerg Sp. z o. o. (Pustków); Kronoplus Sp. z o. o. (Jasło) production and distribution of electricity, steam and hot 75% stake in Elektrociepłownie Warszawskie S.A., 75% stake in Górnośląski 14 Vattenfall AB 1 029,2 Sweden Sweden electricity, gas and water supply water supply Zakład Elektroenergetyczny S.A. Opel Polska Sp. z o. o. (Gliwice) - car production, General Motors Poland Sp. z 15 General Motors Corporation 1 010,0 USA USA manufacture of transport equipment Manufacture of motor vehicles o. o. (Warsaw), GMAC Commercial Finance Sp. z o. o. (Warsaw) ING Bank NV (Warsaw), ING Baring Securities S.A. (Warsaw), Nationale- Nederlanden Polska S.A. (Warsaw), ING Lease (Polska) (Warsaw), 50% stake banking, life insurance, pension funding, non-life in ING BSK Asset Management S.A. (Warsaw), ING BSK Towarzystwo 16 ING Group NV 990,0 The Netherlands The Netherlands financial intermediation, real estate insurance, real estate Funduszy Inwestycyjnych S.A. (Katowice), ING Real Estate Sp. z o. o. (Warsaw), 54% stake in Bank Śląski S.A. (Katowice), 80% stake in PTE Nationale-Nederlanden Polska S.A. (Warsaw) retail sale in non-specialized stores with food, 17 Carrefour 980,0 France France wholesale and retail trade 29 hypermarkets and 70 supermarkets (Globi, Champion) beverages or tobacco predominating Manufacture of television and radio receivers, sound manufacture of electrical machinery and Daewoo Electronics Manufacturing Poland Sp. z o. o., Daewoo Towarzystwo 18 Daewoo 936,4 Republic of Korea Republic of Korea and video recording or reproducing apparatus and apparatus; financial intermediation Ubezpieczeniowe S. A. associated goods, Non-life insurance Enterprise Investors manages a group of venture capital/private equity funds: Polish Enterprise Fund IV L.P., Polish Enterprise Fund V, Polish Enterprise Fund, Polish-American Enterprise Fund; Polish Private Equity Fund I and II; 19 Enterprise Investors 914,5 USA USA financial intermediation capital investment main investments in Poland: Agros Nova Sp. z o. o., Apteki Polskie S.A., Comp S.A., Kruk Systemy Inkaso Sp. z o. o., LPP S.A., Netia S.A., Nomi S.A., Magellan Sp. z o. o. , Opoczno S.A., Sfinks S.A. Volkswagen Poznań Sp. z o. o. (Poznań), Volkswagen Elektrosystemy Sp. z o. Manufacture of parts and accessories for motor vehicles o. (Gorzów Wielkopolski), Volkswagen Motor-Polska Sp. z o. o. (Polkowice), manufacture of transport equipment; 20 Volkswagen AG 873,1 Germany Germany and their engines; banking, financial leasing, life 51% stake in Sitech Sp. z o. o. (Legnica SEZ), Volkswagen Ubezpieczenia Sp. z financial intermediation insurance, pension funding, non-life insurance o. o. (Warsaw), Volkswagen Leasing Polska Sp. z o. o. (Warsaw), Volkswagen Bank Polska S.A. (Warsaw) Compagnie de Saint-Gobain, Saint-Gobain Glass Polska (Dąbrowa Górnicza), Glaspol (Jaroszowiec), Aurys-Lustra (Namysłów), Saint-Gobain Sekurit Hanglas manufacture of glass and glass products: manufacture Polska (Dąbrowa Górnicza), Autover Polska (Łódź), Saint-Gobain Euroveder 21 Saint-Gobain 855,0 France France manufacture of other non-metal goods of flat glass; manufacture of glass fibres; production of (Żary), Saint Gobain Isover Polska (Gliwice), Saint-Gobain Velimat Polska abrasive products (Gorlice), Saint-Gobain Ecophon (Piaseczno), Saint-Gobain Abrasives (Koło), Saint-Gobain Weber Terranova (Gdynia), Okfens (Czeladź), Raab Kaarcher Mat Bud (Bielany Wrocławskie), La Plateforme Polska (Warsaw) retail sale in non-specialized stores with food, Geant Polska Sp. z o. o. (Warsaw) - 15 supermarkets, Leader Price - 116 22 Casino 801,0 France France wholesale and retail trade beverages or tobacco predominating supermarkets BP Poland Sp. z o. o. (Kraków), BP Gas Poland Sp. z o. o. (Swarzędź), BP 23 BP International B.V. 800,0 The Netherlands The United Kingdom wholesale and retail trade retail sale of automotive fuel Express Sp. z o. o. (Kraków), Castrol Lubricants Sp. z o. o. (Warsaw), Aral Polska Sp. z o. o. (Kraków) 24 Credit Agricole 740,0 France France financial intermediation banking, financial leasing Lukas Bank S.A. (Wrocław), Europejski Fundusz Leasingowy S.A. (Wrocław) 25 Canal Plus 730,0 France France community, social and personal services tv activities Canal + Cyfrowy Sp. z o. o. Lafarge Polska S.A. (Warsaw) - shares in: Kombinat Cementowo-Wapienniczy manufacture of concrete products for construction KUJAWY (Bieławy, Kujawsko-Pomorskie Voivodship), cement plant Małogoszcz, purposes; manufacture of plaster; manufacture of 26 Lafarge 690,0 France France manufacture of other non-metal goods (Świętokrzyskie Voivodship), cement plant Wierzbica, (Mazowieckie cement Voivodship), Lafarge Cement Polska S.A., Lafarge Gips Polska S.A., BRAAS Polska Sp. z o. o.- roofing tiles and shingles production 70,5% stake in Bank Zachodni WBK S.A. (Wrocław), BZ WBK AIB Asset 27 Allied Irish Bank Plc 680,0 Ireland Ireland financial intermediation banking Management S.A. (Poznań) retail sale in non-specialized stores with food, Auchan Polska Sp. z o. o., Elea Polska Sp. z o. o., Leroy-Merlin Sp. z o. o., 28 Auchan S.A. 672,2 France France wholesale and retail trade beverages or tobacco predominating Przedsiębiorstwo Handlowo - Usługowe Robert Sp. z o. o. 29 Commerzbank AG 646,4 Germany Germany financial intermediation banking 72,16% stake in BRE Bank S.A. Elektrociepłownia Kraków S.A. (Kraków), Zespół Elektrociepłowni "Wybrzeże" production and distribution of electricity, steam and hot S.A. (Gdańsk), Elektrownia Rybnik S.A. (Rybnik), Zespół Elektrociepłowni 30 Electricite de France Internationale (EDF) 600,0 France France electricity, gas and water supply water supply Wrocławskich Kogeneracja S.A. (Wrocław), 45% stake in Elektrociepłownia Toruń S.A., EDF Polska Sp. z o. o. (Warsaw) IKEA International A/S, IKEA Polska S.A., IKEA Hanim Poland S.A., IKEA Retail Sp. z o. o. - supermarket chain, IKEA Trading & Design AG (Janki near 31 IKEA 600,0 Sweden Sweden retail trade other retail sale in specialized stores Warsaw), 80% stake in Szczeciński Przemysł Drzewny S.A., factory in Chłastów (Lubuskie Voivodship) manufacture of food, drinks and tobacco 32 Heineken International B.V. 590,0 The Netherlands The Netherlands manufacturing of beer Heineken Polska Sp. z o.
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