Regulatory filing

The Management Board of Agora S.A. ('the Company', 'Agora') informs that as of December 31, 2015 the number of 'Gazeta Wyborcza's' paid subscriptions totalled over 77 thousand, which significantly exceeds Company's earlier expectations. In Agora's mid-term development plan of the Agora Group, the Company planned to achieve 75 thousand paid subscriptions of 'Gazeta Wyborcza' only at the end of 2016. This dynamic development of the 'Gazeta Wyborcza's' digital subscription offer corresponds with positive trends observed in willingness of consumers to pay for access to digital content. In the opinion of Agora's Management Board, the number of paid subscriptions will continue to grow and at the end of 2016 it will allow to build the base of ca. 90 thousand paid subscriptions of 'Gazeta Wyborcza'. In the Company's opinion further development of digital subscription offer of 'Gazeta Wyborcza' shall positively influence the market position of the daily and Company's financial results in the longer perspective.

Legal basis: Article 56 section 1 of the Polish Act on public offering and the conditions for introducing financial instruments into an organized trading system and on public companies.

Agora SA issued this content on 2016-01-15 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2016-01-15 17:11:15 UTC

Original Document: http://www.agora.pl/agora_english/1,113312,19480226,01-2016-information-on-the-number-of-gazeta-wyborcza-s-paid.html