In the 3rd quarter of 2009 Mediatel S.A. company generated income in reaching 46.58 million PLN, at the same time EBIDTA was around 5.55 million PLN as compared to 50 million PLN income and 10 million PLN EBIDTA in comparable period the previous year. It must be stressed that EBITDA result for the 3rd quarter of 2008 was the result of a one time transaction for over 5 million PLN. In the three quarters of 2009, Mediatel income was 151.7 million PLN and EBIDTA profit index reached 14.6 million PLN.

On 30 September 2009 Elterix S.A., a subsidiary of Mediatel S.A., sold assets related to pre-paid services provided for individual clients under brand names Telepin and Telepin Mobi to CenterNet, the transaction included Telepin and Telepin Mobi pre-paid cards distribution agreement. Transaction value was 3 million PLN. Condition precedent for the agreement coming into effect is the execution of the agreement by virtue of which the Parties shall specify the cooperation principles binding at the project by the end of 2011.

Mediatel S.A. - telecommunications operator listed at Warsaw Stock Exchange recorded another successful mid-year. The Capital Group, in the 1st half of 2009, generated 105.2 PLN income. EBIDTA reached 9.04 PLN. As compared to the 1st half of 2008 the company income increased by 70% and EBIDTA increased by 134%.

Mediatel S.A. Capital Group concluded contracts for the provision of services concerning data transmission and the Internet access with two, significant on the telecommunications market, business entities - Sferia S.A. and Vectra S.A. The total value of the executed contracts is estimated to be over 1 million PLN gross. Execution of the contracts with Sferia and Vectra is the first step in the implementation of Mediatel strategy aimed at strengthening the company competence as a new leader in the provision of data transmission services.

On 30 May 2009 Mediatel S.A. (Mediatel Group) concluded an acquisition agreement with Indian Orchard Capital LLC, an American company, for the acquisition of 100% of shares in Velvet Telecom LLC. For the acquisition of shares in Velvet Telecom Mediatel shall pay 2.315 million USD, payable in installments by the end of 2009 and shall issue 275,000 shares of the value of 1 million USD for the Seller. The issue price of one share was set to be 12 PLN.