| INVITATION The Board of Directors of BorsodChem Rt. (3702 Kazincbarcika, Bolyai tér 1., hereinafter referred to as the "Company") convenes the Annual General Meeting of the Company in 2006 at 9:00 a.m. on April 28, 2006 Venue of the General Meeting: Hotel Marriott, Elizabeth Room Apáczai Csere János utca 4, Budapest In case a quorum has not been reached at the General Meeting, the repeated General Meeting will be held at the same place with the same agenda at 9:30 a.m. on April 28, 2006. Agenda of the General Meeting: 1. Report on the business year of 2005, closing of the business year of 2005. a. Report of the Board of Directors on the business activity of the Company in 2005 in respect of both the annual reports of BorsodChem Rt. and the consolidated annual reports of BorsodChem Group. b. Proposal of the Board of Directors for the use of after-tax profit and the calculation of dividends. c. Report of the Supervisory Board on annual reports and on the review of proposal for the use of after-tax profit. d. Auditing report on annual reports and on the review of proposal for the use of after-tax profit. 2. Approval of annual reports of the Company for 2005 and that of consolidated annual reports of BorsodChem Group, decision on the use of after-tax profit. 3. Approval of the Board of Directors report related to its Corporate Governance Recommendations activity. 4. Presentation on the Company’s achievables of the last 10 years 5. Future strategy and vision 2015 6. Modification of the Articles of Association. 7. Recall of Board Member(s). 8. Election of new Board Member(s). 9. Recall of Supervisory Board Member(s). 10. Election of new Supervisory Board Member(s). 11. Determining the remuneration of the Members of the Board of Directors for 2006. 12. Determining the remuneration of the Supervisory Board Members for 2006. 13. Appointing the auditor of the Company. 14. Determining the remuneration of the Company’s registered Auditor for 2006. The Board of Directors proposals and all other documents relating to items on the agenda can be inspected at the registered seat of the Company (3702 Kazincbarcika, Bolyai tér 1.) and at the Budapest Branch Office of the Company (Budapest, Szabadság tér 7., Bank Center) on working days from 8:00 a.m. to 3 p.m. from April 18 to 27, 2006 as well as from 9:00 a.m. on April 18, 2006 on the websites of the Budapest, London and Warsaw Stock Exchanges, respectively and BorsodChem Rt. (www.borsodchem.hu). Only shareholders who are duly registered in the Share Register of the Company prior to the General Meeting will be entitled to participate and vote at the General Meeting. Shareholders can exercise their rights of participation and vote at the General Meeting either in person or through a duly authorized proxy. At the venue and on the day of the General Meeting between 8:00 a.m. and 8:45 a.m. the shareholder (by verifying his right for representation) or his/her authorized proxy after verifying his/her identity and concurrently with signing the attendance sheet may call for the voting cards or voting device, which will entitle him/her to attend and vote at the General Meeting. In the case of proxies, the authorization shall be included in an official document or a private document of full probative effect and it – inclusive of documents required for identification – shall be handed over not later than the time of registration. The authorization will also be valid for the repeated General Meeting in case a quorum was not achieved and for the continued General Meeting. The formality of the official document issued outside Hungary or the authorization included in a private document of full probative effect shall comply with the laws related to the legalisation and super-legalisation of documents issued abroad. Conditions for the attendance at the repeated General Meeting in case a quorum was not achieved will be the same as the conditions for the original General Meeting. The repeated General Meeting will have a quorum on the issues of the original agenda regardless of the number of shares with voting rights represented at the General Meeting. We recommend to our honoured shareholders to discuss with their investment service provider keeping their securities accounts the tasks and deadlines required for participating in the identification of shareholders to be arranged by KELER Rt. if they wish to attend the General Meeting. Kazincbarcika, March 27, 2006 Board of BorsodChem Rt. _____ Regulatory announcement by BorsodChem Rt. prior to the Annual General Meeting In compliance with it’s obligation to provide information concerning it’s Annual General Meeting on April 28, 2006, BorsodChem Rt. hereby informs it’s shareholders that the Company’s Board of Directors has reviewed and accepted BorsodChem’s financial statements for the year 2005 with the following data. With the proposal by the Board of Directors the unconsolidated audited statement according to HAS comprises a dividend of HUF 50.35 per share. In accordance with the relevant section of the Articles of Association, dividend on treasury shares shall be distributed proportionately among shareholders. Therefore, considering the adjustment due to treasury shares, the proposal above corresponds to an actual dividend distribution of expectedly HUF 51.00 per share. Above text and full contens of following tables are available in the annex: 20060327-Komunikat_poprzedzajacy_WZA-280406-ANG.rtf Balance Sheet - Audited according to HAS, (non consolidated) Profit and Loss Statement - Audited according to HAS (non consolidated) Balance Sheet - IFRS consolidated, audited Profit and Loss Statement - IFRS consolidated, audited Kazincbarcika, March 27, 2006 The Board of Directors of BorsodChem Rt. _________________________ ZAPROSZENIE Zarząd BorsodChem Rt. (z siedzibą pod adresem 3702 Kazincbarcika, Bolyai tér 1., Węgry – "Spółka") niniejszym zawiadamia akcjonariuszy, że Nadzwyczajne Walne Zgromadzenie Akcjonariuszy Spółki odbędzie się o 9.00 28 kwietnia 2006 r. Miejsce Walnego Zgromadzenia Akcjonariuszy: Hotel Marriott, Sala Erzsébet, Apáczai Csere János utca 4., Budapeszt W wypadku braku kworum na Walnym Zgromadzeniu Akcjonariuszy, powtórzone Walne Zgromadzenie Akcjonariuszy odbędzie się w tym samym miejscu i z tym samym porządkiem obrad 28 kwietnia 2009 r. o godz. 09.30. Porządek obrad Walnego Zgromadzenia Akcjonariuszy - w języku angielskim znajduje się również w pliku załącznika: 20060327-Zaproszenie_na_WZA-280406-ANG.rtf Kazincbarcika, 27. marca 2006. Zarząd BorsodChem Rt. Treść komunikatu poprzedzającego Zwyczajne Walne Zgromadzenie Akcjonariuszy BorsodChem Rt. znajduje się w pliku załącznika: 20060327-Komunikat_poprzedzajacy_WZA-280406-ANG.rtf _________________________ Raport ten został również opublikowany na Budapesztańskiej Giełdzie Papierów Wartościowych oraz na Londyńskiej Giełdzie Papierów Wartościowych Pełna treść ww. Raportu w języku polskim zostanie opublikowana w możliwie najkrótszym czasie, jednak nie pó¼niej niż w ciągu 5 dni od dnia dzisiejszego. Miklós Hanti Dyrektor Departamentu Relacji Inwestorskich | |
