Investor Reports

Pursuant to &38 sec. 1 pt. 4) and 5) of the Regulation issued by the Minister of Finance on the 19th of February, 2009, concerning current and periodical information pertaining to companies traded on the stock exchange and on the conditions for recognizing the equivalence of information required by legal regulations binding in a country which is not a member state, the Management Board of ComArch S.A. announces that it received a petition from BZ WBK AIB Towarzystwo Funduszy Inwestycyjnych S.A. (Investment Funds), a shareholder representing at least 1/20 of the share capital, to include a specific issue in the agenda of the next General Meeting and to announce a notion of resolution related to issues which will be included in the agenda.

Pursuant to &34 sec. 1 pt. 2, 3 of the Regulation issued by the Minister of Finance on the 19th of February, 2009 concerning current and periodical information pertaining to companies traded on the stock exchange and on the conditions for recognizing the equivalence of information required by legal regulations binding in a country which is not a member state, the Management Board of ComArch S.A. announces that:

Pursuant to art. 398, art. 399 § 1, art. 4021 and art. 4022 of the Commercial Companies Code (“KSH”) and pursuant to § 14 of the company’s statute, the Management Board of ComArch S.A., the company with its registered seat in Krakow and registered with KRS 0000057567 in the National Court Register managed by the District Court for Krakow Śródmieście in Krakow, XI Economic Division of the District Court for Krakow Śródmieście in Krakow, XI Economic Division of the National Court Register, hereby convenes the Annual General Shareholders Meeting of ComArch S.A., to be held at 10:00 on the 28th of June, 2010, at Aleja Jana Pawła II 41e in Krakow, Poland.

Pursuant to the rule number 1) and 2) included in the third part, pt 1 of the “Corporate Governance Principles”, ComArch S.A.’s Management Board conveys 2009 activities’ report of ComArch S.A.’s Supervisory Board and assessment of the company’s situation in 2009 including assessment of the company’s internal system control and risk management in the company.

Pursuant to the rule number 3) included in the third part, pt 1 of the “Corporate Governance Principles”, ComArch S.A.’s Management Board reports that on the 31st of May, 2010 Supervisory Board of ComArch S.A. passed the resolution no. 10/5/2010 in which projects of the resolutions at the AGM, to be held on the 28th of June, 2010, are given positive opinions. Projects of the resolutions were made public on the 31st of May, 2010 in current report no. 12/2010.

In relation to current report no. 25/2009 dated the 10th of November, 2009, updated on the 28th of February, 2010 with current report no. 3/2010, relating to the letter of intent with E-plus signed between a subsidiary, Comarch AG and E-Plus Mobilfunk GmbH&Co. KG, ComArch S.A.’s Management Board announced that due to ongoing negotiations, the planned contract signing date has been changed from the 18th of May, 2010 to the 30th of July, 2010.

Pursuant to Article 34 sec. 1 pt. 1 of the Regulation issued by the Minister of Finance on the 19th of February, 2009 concerning current and periodical information pertaining to companies traded on the stock exchange and on the conditions for recognizing the equivalence of information required by legal regulations binding in a country which is not a member state, the Management Board of ComArch S.A. announces that it has received resolution no. 266/10 of the Management Board of the National Deposit for Securities dated the 12th of May, 2010 on the registration of series J2 shares.

In relation to current report no. 26/2009 dated the 17th of November, 2009 relating to the contract with Łęgprzem Sp. z o.o. for the realisation of the fourth stage of construction in the investment of the Special Economic Zone in Krakow, ComArch S.A.’s Management Board announced that on the 4th of May 2010, the annex to this contract was signed, reducing its scope and value from 23.968 million PLN to 17.683 million PLN.