KERNEL HOLDING S.A. - KERNEL INCREASED LIMIT OF ITS GRAIN CREDIT FACILITY

POLISH FINANCIAL SUPERVISION AUTHORITY

UNI - EN REPORT No 23 / 2014

Date of issue: 2014-08-29

Short name of the issuer

KERNEL HOLDING S.A.

Subject

KERNEL INCREASED LIMIT OF ITS GRAIN CREDIT FACILITY

Official market - legal basis

Art. 56 ust. 1 pkt 1 Ustawy o ofercie - informacje poufne

Unofficial market - legal basis

Contents of the report:

Further to the report dated 13 August 2014, Kernel informs that it had increased its pre-export grain credit facility for USD 50 million up to USD 230 million following the accession of the European Bank for Reconstruction and Development to the syndicate. The one year secured revolving facility with syndicate of European banks is used to finance the company’s working capital for grain export from Ukraine.

Annexes

File Description

KERNEL HOLDING S.A.

(fullname of the issuer)

KERNEL HOLDING S.A. Spożywczy (spo)

(short name of the issuer) (sector according to clasification of the WSE in Warsow)

L-1331 Luksemburg

(post code) (city)

rue de Bitbourg 19

(street) (number)

(phone number) (fax)

(e-mail) (web site)

(NIP) (REGON)

SIGNATURE OF PERSONS REPRESENTING THE COMPANY

Date Name Position / Function Signature

2014-08-29 A.Usachova, Y.Kovalchuk Directors