RB 35/2006 Purchase of shares of Doris 2006 Sp. z o.o.

The Management Board of AmRest Holdings N.V. informs that on the 30th of October 2006 American Restaurants Sp. z o.o., the subsidiary of AmRest, signed the agreement of purchasing the shares of Doris 2006 Sp. z o.o. AmRest Holdings N.V. is in possesion of 100% of American Restaurants Sp. z o.o. shares.

American Restaurants Sp. z o.o. purchased 1,000 shares of Doris 2006 Sp. z o.o. which constitute 100% of Doris 2006 Sp. z o.o. equity and each share has nominal value of PLN 50. The total price of all shares amounts to PLN 490,000 and will be transferred within 3 workdays following the day when the agreement was signed. The carrying value of the acquired shares, booked in the American Restaurants Sp. z o.o. account books,  will be equal to the cost of purchase.

Doris 2006 Sp. z o.o. is the lessee of the premises located at Chmielna 2 Street, Warsaw. The lease agreement includes the opportunity to operate catering. AmRest intends to open one of its restaurants at this location.   

The purchased shares constitute over 20% of the Doris 2006 Sp. z o.o. equity and therefore the significance criterion, resulting from the Regulation of the Minister of Finance dated October 19th 2005 on current and periodic information to be published by issuers of securities, is fulfilled.

Legal act:

Ustawa o ofercie z dnia 29 lipca 2005 art. 56. ust. 1 punkt 2.