On February 25th, 2010, the management board of Ciech S.A. learnt that all conditions precedent to the effectiveness of the contract amending the loan agreement dated January 23rd, 2008 between Soda Deutschland Ciech GmbH ("SDC"), Sodawerk Staßfurt GmbH &Co. KG (hereinafter: "SWS KG", "Company") and Sodawerk Staßfurt Holding GmbH and COMMERZBANK Aktiengesellschaft, which was announced by Ciech SA in the current report no. 6/2008, were fulfilled. The amended agreement was entered into in December 10th, 2009 and will become effective on February 26th, 2010. The value of the current loan agreement accounts for EUR 63 million. On order to secure a part of the loan, Ciech issues a corporate guarantee up to EUR 25 million and signed the Sponsor’s Letter of Undertaking containing Ciech’s obligations to, among others, cover potential cash deficiencies at SWS KG and Sodawerk Staßfurt Holding GmbH throughout the effective period of the loan agreement, convert within 6 months as of the effective date of the Sponsor’s Letter of Undertaking the amount of the subordinate loan accounting for EUR 70 million given to SDC by Ciech S.A. to capital (the obligation may be rescinded if Ciech S.A. proves negative tax-related consequences of the conversion for the SDC Group). The deadline for the final repayment of the loan was postponed from December 31st, 2012 to September 30th, 2014. SWS KG is Ciech’s subsidiary controlled by Soda Deutschland Ciech GmbH, at which Ciech owns 100% of the capital. SWS KG produces light and heavy soda ash and baking soda.