Conclusion of a significant agreement

The Management Board of PRIMA MODA S.A. informs that on December 28, 2007 it became aware of the receipt of copies of the contract signed by both parties for the lease of a new premises for the Prima Moda showroom in a shopping mall in Częstochowa. The agreement was concluded for a period of 10 years between PRIMA MODA S.A. and Polimeni International Częstochowa Sp z o.o. The estimated value of the contract is PLN 2,672,000 gross, which is more than 10% of the issuer's equity, therefore this agreement meets the conditions for considering it a significant agreement, The terms of the agreement do not differ from the terms commonly used for contracts of this type. The opening date of the gallery is planned for 2010