Legal grounds:
Art. 56 Section 1 point 2 of the public offering Law – current and periodic information

The Management Board of INTERSPORT Polska S.A. Company with the seat in Cholerzyn, acting pursuant to art. 334 §2 pf the Code of Commercial Companies, in accordance with its powers resulting from §9 point 9 of the Company’s Statutes, acting at the request of the Shareholder Ms. Jolanta Danuta Milewska on 27 July 2015 converted (changed) 100,000 (say: one hundred thousand) registered preference shares into ordinary bearer shares.

In connection with the application of Ms. Jolanta Danuta Milewska dated 14 July 2015 to convert 100,000 (say: one hundred thousand) registered shares of Series A of the nominal value of PLN 0.10 (say: zero zlotys and ten grosch) privileged as to the voting rights at the General Assembly in such a manner that one preference share entitles to 2 (two) votes at the General Assembly, into ordinary bearer shares in order to allow them to public trading, acting pursuant to art. 334 §2 of the Code of Commercial Companies, in accordance with §9 point 9 of the Company’s Statutes, the Management Board of INTERSPORT Polska S.A. with the seat in Cholerzyn converts:
· 100.000 (say: one hundred thousand) registered preference shares of Series A of the numbers: from A 3 750 001 to A 3 850 000, entitling to cast 200,000 (say: two hundred thousand) votes at the
General Assembly of Shareholders
into
· 100.000 (say: one hundred thousand) ordinary bearer shares, after the conversion entitling to 100,000 (say: one hundred thousand) votes at the General Assembly of Shareholders.

After the conversion of the shares the amount of the share capital of the Company INTERSPORT Polska S.A. – shall still amount to PLN 1,393,333.40 and shall be divided into 13,933,334 shares of the nominal value of PLN 0.10 each.

Total number of votes at the General Assembly of Shareholders will change:
· Before the conversion the total number of shares entitled to cast 20,600,000 votes due to preferential character of registered shares as to the voting rights at the General Assembly of
Shareholders,
· After the conversion the total number of shares shall entitle to cast 20,500,000 votes due to the loss of the preferential character of the converted shares.

The resolution comes into force of the day of its adoption.

In effect of the executed shares conversion 100,000 (say: one hundred thousand) preference shares which are subject to conversion have expired, the amount of the share capital of INTERSPORT Polska S.A. Company has not been changed and still amounts to PLN 1,393,333.40 however the total number of votes at the General Assembly of Shareholders of INTERSPORT Polska SA has changed and after the conversion shall amount to 20,500,000 votes.