Investor Reports

ComArch S.A. Management Board announces that on 28 August 2007, pursuant to art. 160 sec. 1 pt 2 of the Act on Trading in Financial Instruments (Journal of Laws, no. 183, pos. 1538 and changes to this act), according to § 2 sec. 1 of the Regulation issued by the Minister of Finance on 15 November 2005 concerning information on some transactions in financial instruments and principles of preparing and administrating the list of persons who can have some specified confidential information (Journal of Laws, no. 229, pos. 1950), information about disposing of ComArch S.A. shares.

ComArch S.A. Management Board announces that on 28 August 2007, pursuant to art. 160 sec. 1 pt 1 of the Act on Trading in Financial Instruments (Journal of Laws, no. 183, pos. 1538 and changes to this act), according to § 2 sec. 1 of the Regulation issued by the Minister of Finance on 15 November 2005 concerning information on some transactions in financial instruments and principles of preparing and administrating the list of persons who can have some specified confidential information (Journal of Laws, no. 229, pos. 1950), information about disposing of ComArch S.A. shares.

ComArch S.A. Management Board announces that on 28 August 2007, pursuant to art. 160 sec. 1 pt 1 of the Act on Trading in Financial Instruments (Journal of Laws, no. 183, pos. 1538 and changes to this act), according to § 2 sec. 1 of the Regulation issued by the Minister of Finance on 15 November 2005 concerning information on some transactions in financial instruments and principles of preparing and administrating the list of persons who can have some specified confidential information (Journal of Laws, no. 229, pos. 1950), information about disposing of ComArch S.A. shares.

ComArch S.A. Management Board announces that on 20 August 2007, pursuant to art. 160 sec. 1 pt 2 of the Act on Trading in Financial Instruments (Journal of Laws, no. 183, pos. 1538 and changes to this act), according to § 2 sec. 1 of the Regulation issued by the Minister of Finance on 15 November 2005 concerning information on some transactions in financial instruments and principles of preparing and administrating the list of persons who can have some specified confidential information (Journal of Laws, no. 229, pos. 1950), information about disposing of ComArch S.A. shares.

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 decrease in BZ WBK AIB Towarzystwo Funduszy Inwestycyjnych S.A.\'s share in the total number of votes at general meeting of ComArch S.A.:

ComArch S.A. Management Board announces that on 23 July 2007, pursuant to art. 160 sec. 1 pt 2 of the Act on Trading in Financial Instruments (Journal of Laws, no. 183, pos. 1538 and changes to this act), according to § 2 sec. 1 of the Regulation issued by the Minister of Finance on 15 November 2005 concerning information on some transactions in financial instruments and principles of preparing and administrating the list of persons who can have some specified confidential information (Journal of Laws, no. 229, pos. 1950), information about disposing of ComArch S.A. shares.

ComArch S.A.\'s Management Board informs that on 19 July 2007 received notice, dated 12 July 2007, concerning registration by the District Court for Kraków-Sródmiescie, XI Economic Division of the National Court Register of changes in the company\'s Statute resolved by the General Meeting on 28 June 2007.

ComArch S.A. Management Board announces that on 16 July 2007, pursuant to art. 160 sec. 1 pt 1 of the Act on Trading in Financial Instruments (Journal of Laws, no. 183, pos. 1538 and changes to this act), according to § 2 sec. 1 of the Regulation issued by the Minister of Finance on 15 November 2005 concerning information on some transactions in financial instruments and principles of preparing and administrating the list of persons who can have some specified confidential information (Journal of Laws, no. 229, pos. 1950), information about disposing of ComArch S.A. shares.