Pursuant to &5 sec. 1 point 3 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 (Dz. U. Nr 209, poz. 1744) ComArch S.A.'s Management Board announces that on 3 December 2007, ComArch S.A.,  COMARCH MANAGEMENT Spólka z ograniczona odpowiedzialnoscia " Spólka Komandytowo-Akcyjna (Ltd Joint Stock Partnership) and "COMARCH CORPORATE FINANCE" Closed Investment Fund concluded a contract with BAUER MEDIA INVEST" GmbH with its registered seat in Hamburg, Burchardstrasse 11.

In consequence of this agreement ComArch S.A. declared:

A) bringing 2,267,814 (in words: two million two hundred sixty-seven thousand eight hundred fourteen) registered preferential shares and 270,555 (in words: two hundred seventy thousand five hundred fifty-five) ordinary bearer INTERIA.PL SA shares to cover an increase in share capital of 'COMARCH MANAGEMENT Ltd' Joint Stock Partnership. The shares constitute 36.08 % (in words: thirty-six percent and 08/100) of share capital of INTERIA.PL S.A. and entitle to 48.48 % (in words: forty-eight percent and 48/100) of votes at the annual general meeting of INTERIA.PL S.A.

B) to ensure sales by 'COMARCH MANAGEMENT Ltd' Joint Stock Partnership the above-mentioned INTERIA.PL SA shares to "BAUER MEDIA INVEST" GmbH by entering into a call of a buyer for INTERIA.PL SA shares for 80.00 PLN (in words: eighty zlotys) for each registered preferential share and 66.62 PLN (in words: sixty-six zlotys and 62/100) for each ordinary bearer share;

C) further more ComArch SA and 'COMARCH MANAGEMENT Ltd' Joint Stock Partnership declared to call a General Meeting three working days before a settlement of the call for the sale of INTERIA.PL SA shares the latest. The agenda of this general meeting will include changes in membership of the Management Board and the Supervisory Board of INTERIA.PL SA. ComArch SA and 'COMARCH MANAGEMENT Ltd' Joint Stock Partnership declared to vote for their dismissal and conditional appointment of new members of the Management Board and the Supervisory Board of INTERIA.PL SA. designated by "BAUER MEDIA INVEST" GmbH as at the purchase date.

D) This is the unconditional agreement. The invoker may withdraw from the contract when the call is impossible to make. In case of withdrawing from the contract, ComArch SA, 'COMARCH MANAGEMENT Ltd' Joint Stock Partnership and "COMARCH CORPORATE FINANCE" Closed Investment Fund declared to transfer the ownership of INTERIA.PL SA shares back to ComArch S.A. up to 45 days from the withdrawing the call.

(E) The contract provides that BAUER MEDIA INVEST GmbH shall be bound to pay a contractual penalty in the following cases:
a. the sum of 120 million PLN in the case of evading the obligation to declare and conduct the notice in accordance with the provisions of the contract,
b. the sum of 100,000 PLN for each case where there is a violation of the obligation not to give employment to ComArch S.A. employees or to people cooperating with Comarch S.A.

(F) The contract provides that ComArch S.A. shall pay a contractual penalty in the following cases:
(a) the sum of 120 million PLN where 'COMARCH MANAGEMENT Ltd' Joint Stock Partnership does not register the sale of all of the shares it possesses in INTERIA.PL S.A.  in response to the notice and, further, where ComArch S.A., 'COMARCH MANAGEMENT Ltd' Joint Stock Partnership, or entities connected with COMARCH, take action to terminate the legal validity of the register of sale referred to above. 
(b) the sum of 120 million PLN where the obligation stipulated in point D to transfer INTERIA.PL S.A. shares back to ComArch S.A. is not satisfied.
(c) the sum of 10 million PLN or each case where ComArch S.A., or entities connected with ComArch S.A., violate the ban on competition with INTERIA.PL S.A. provided for in the contract
(d) the sum of 100,000 PLN for each case where the obligation not to employ employees of INTERIA.PL S.A. and people cooperating with INTERIA.PL S.A. is violated. 

The contract is to be judged as significant because its value exceeds 10% of Comarch S.A.'s equity.