Current Report no. 3/2016

The Management Board of Przedsiębiorstwo Przemysłu Spożywczego "PEPEES" S.A. ("Company") hereby informs that on 11 March 2016 it received a notification from the shareholders, Mr Michał Skotnicki and Mr Maksymilian Skotnicki, of OTC acquisition of 8 600 000 of Company shares, which took place on 9 March 2016.
Prior to the abovementioned transaction, Mr Michał Skotnicki did not hold any Company shares.
Upon acquisition of the shares referred to above, the shareholder holds 8 600 000 Company shares, which amounts to a 9.053% share in the capital and constitutes entitlement to cast 8 600 000 votes at the General Meeting of Shareholders, which amounts to 9.053% of the total number of votes at the General Meeting of Shareholders.
Mr Michał Skotnicki and Mr Maksymilian Skotnicki (family members) jointly hold 28 132 088 shares, which amounts to a 29.613% share in the capital and constitutes entitlement to cast 28 132 088 votes at the General Meeting of Shareholders, which amounts to 29.613% of the total number of votes at the General Meeting of Shareholders.

The notification referred to above is attached to this report.
Signatures of company representatives

President of the Management Board Wojciech Faszczewski 2016-03-11
Board Member / Financial Director Krzysztof Homenda 2016-03-11