PTK Centertel Joins Mobile TV

WARSAW -- Pursuant to article 5(1.1) of the Decree of the Minister of Finance of 19 October 2005 on current and periodic information disclosed by issuers of securities (Journal of Laws of 2005, No. 209, item 1744) the Management Board of Telekomunikacja Polska S.A. (“TP S.A.”) hereby informs about the acquisition by TP S.A. of assets of significant value.

On 10 December 2008, PTK Centertel Sp. z o.o. (“PTK Centertel”), Polska Telefonia Cyfrowa, P4 and Polkomtel signed the Deed of Establishment of the limited liability company Mobile TV Sp. z o.o. (“the Company”). The Company’s objects will be to provide services enabling access to multimedia content (particularly audio and audiovisual) to those interested on the basis of DVB-H or other technology.

PTK Centertel joined the Company, acquiring 30 shares of the nominal value of PLN 500 each, that is a 25% stake in Mobile TV Sp. z o.o., which corresponds to 25% of the total voting power at the Shareholders' Meeting of the Company (which makes the assets meet the significant value criterion).

PTK Centertel financed the acquisition from internal funds. The shares acquired by PTK Centertel are a long-term investment. The total price of the shares is PLN 15,000.00. The acquired shares will be reported at purchase price, that is PLN 15,000.00. TP S.A. is the sole shareholder of PTK Centertel and holds a 100% stake in PTK Centertel, which corresponds to 100% of the total voting power at the Shareholders' Meeting of the latter.

Centertel