Current report drafted according to the stipulations of the 225 article of the Law no. 297/2004

Fri, 03/28/2014 - 10:42

Please be informed by the present Current Report, that Alro S.A. concluded with the commercial company Sierra Mineral Holdings 1 Ltd, (member of Alro’s group registered at the Financial Supervisory Authority), the next transaction whosevalue to over EUR 50,000 (the exchange rate is 4,4637 RON/EUR; 3,2348 RON/USD, the value calculated does not include VAT):

Sierra Mineral Holdings 1 Ltd.

No.

Number and date

Object

Estimated total value (RON)

Mutual debts

Guarantee

Payment terms

285/17.03.2014

Addendum No. 1 to the agreement nr.40002594/2013 on the spare parts supplying and providing services

1,149,044

within 60 days after invoices receipt and final receptions

President of the Board of Director

Marian Daniel Nastase

General Manager

Gheorghe Dobra