Investor Reports

Pursuant to Article 34 sec. 1 pt. 4 of the Regulation issued by the Minister of Finance on 19 October 2005 concerning current and periodical information pertaining to companies traded on the stock exchange, the Management Board of ComArch S.A. announces that it has received a resolution of the Management Board of the National Deposit for Securities dated 7 January 2008 on the assimilation of 9,400 series A shares.

Pursuant to &34 sec. 1 pt. 2,4 of the Regulation issued by the Minister of Finance on 19 October 2005 concerning current and periodical information pertaining to companies traded on the stock exchange, the Management Board of ComArch S.A. announces that:

The Management Board of ComArch S.A. announces that due to request of a shareholder and pursuant to resolution no. 1/16/2007 of ComArch S.A.\'s Management Board passed on 13 August 2007 rights attached to 9,400 series A shares have been changed

Pursuant to Art. 70, sec. 1 of the Act concerning public tenders, the terms of introducing and trading financial instruments on the stock exchange as well as public companies (Journal of Laws No. 184, pos. 1539), the Management Board of ComArch S.A. hereby presents the following information on increase in BZ WBK AIB Asset Management S.A.\'s share in the total number of votes at general meeting of ComArch S.A.:

Pursuant to &34 sec. 1 pt. 1) of the Regulation issued by the Minister of Finance on 19 October 2005 concerning current and periodical information pertaining to companies traded on the stock exchange (Journal of Laws, No. 209, pos. 1744), the Management Board of ComArch S.A. announces that received a resolution no. 367/07 of the Management Board of the National Deposit for Securities dated 21 May 2007 on registration of 9,400 (in words: nine thousand four hundred) ordinary bearer ComArch S.A. shares with the code PLCOMAR00061.

Pursuant to Art. 70, sec. 1 of the Act concerning public tenders, the terms of introducing and trading financial instruments on the stock exchange as well as public companies (Journal of Laws No. 184, pos. 1539), the Management Board of ComArch S.A. hereby presents the following information on increase in BZ WBK AIB Asset Management S.A.\'s share in the total number of votes at general meeting of ComArch S.A.:

Pursuant to Art. 70, sec. 1 of the Act dated 29 July 2005, concerning public tenders, the terms of introducing and trading financial instruments on the stock exchange as well as public companies (Journal of Laws No. 184, pos. 1539), the Management Board of ComArch S.A. hereby presents the following information on increase in BZ WBK AIB Towarzystwo Funduszy Inwestycyjnych S.A.\'s share in the total number of votes at general meeting of ComArch S.A.:

Pursuant to Art. 56 sec. 1 pt 1) of the Act dated 29 July 2005 concerning public tenders, the terms of introducing and trading financial instruments on the stock exchange as well as public companies, ComArch S.A.\'s Management Board announces that on 10 December 2007 an annex to the credit agreement with Fortis Bank Polska SA was signed.