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