The public offering

HE PUBLIC OFFERING OF SHARES was an important stage in the implementation of CAPEX plans in the first two quarters of 2006. On 14 June 2006, the Commission of Securities and Exchanges approved the prospectus of the Company. Since that date, it has been available on our web site as a valuable source of operating and financial data of the Company. The subscription was completed in accordance with the published schedule, from 27 to 29 June 2006. The demand among investors exceeded the number of shares offered by 11 times. Our company acquired through the public offer PLN 20,010 thousand, assigned principally to the development of the sales chain and the logistics base. On 11 July 2006, the Company SUCCESSFULLY DEBUTED on the floor of the Warsaw Stock Exchange. The issue price of a share was PLN 8.00. The opening quotation of call options on the debut date was PLN 8.30 (increase by 3.75 %). This confirmed that the value of the Company was properly determined by the Penetrator Brokerage Firm, and the offer attracted interest of the investors.

Shareholders in INTERSPORT POLSKA S.A.