The Management Board of DECORA S.A. hereby informs that on 9th March 2010 the Company was granted the decision of the District Court of Poznań Nowe Miasto i Wilda in Poznań, 8th Economic Division, the National Court Register dated 24th February 2010 under which on 3rd March 2010 there was registered the decrease of the Company’s share capital from the amount of PLN 565,531.35 to PLN 565,166.00, or by the amount of PLN 363.35.

Having registered the decrease of the share capital, its structure is as follows:

• 10,000,000 ordinary series A bearer shares of a nominal value of PLN 0.05 each,
•  992,693 ordinary series C bearer shares of a nominal value of PLN 0.05 each,
• 310,627 of ordinary series B bearer shares of a nominal value of PLN 0.05 each.

The total number of votes resulting from all issued shares after registration of the change (decrease) of the Company’s share capital equals to 11,303,320.

The decrease of the Company’s share capital results from redeeming 7,307 Company’s own bearer shares of a nominal value of PLN 0.05 each which gives 7,307 votes at the General Meeting of Shareholders acquired by the Company within the program of acquiring and redeeming own shares (“Program”) conducted within under resolution No. 5 of the Extraordinary Meeting of Shareholders of DECORA S.A. of 22nd September 2008. The Program was performed through Dom Maklerski BZ WBK S.A. (BZ WBK Brokerage S.A.) under the contract of 30th October 2008 whereby Dom Maklerski BZ WBK S.A. acquired on and for its behalf 7,307 Company’s shares from previous shareholders and on 9th September 2009 it sold them to the Company for redemption.

The shares were redeemed by the Company with the shareholders’ approval under resolution No. 1 of the Extraordinary Meeting of Shareholders of DECORA S.A. of 10th December 2009.

The total remuneration for shareholders holding redeemed shares equaled to PLN 100,035.56.

There were redeemed the own shares of DECORA S.A. purchased by the Company for the total amount of PLN 100,035.56, but the amount for redeemed shares was exclusively paid from the supplementary capital established from previously generated profit.

The amount of the share capital of DECORA S.A. after redemption equals to PLN 565,166.00 and the total number of votes at the general meeting is 11,303,320.

On the basis of the aforesaid decision of the District Court of Poznań Nowe Miasto i Wilda in Poznań, 8th Economic Division, the National Court Register dated 24th February 2010, on 3rd March 2010 there were registered amendments to the Company's Articles of Association under resolutions No. 3,4 and 5 of the Extraordinary Meeting of Shareholders of DECORA S.A. dated 10th December 2009 specified in current report No. 28/2009 of 13th November 2009. The previously binding provisions of the Articles of Association and amendments constitute the schedule to this report.

Due to considerable amendments to the Articles of Association, the Company decided to execute the consolidated text of the Articles of Association including amendments registered under the aforesaid decision of the District Court of Poznań Nowe Miasto i Wilda in Poznań, 8th Economic Division, the National Court Register dated 24th February 2010, the Company makes public the consolidated Articles of Association together with new and amended provisions of the Articles of Association constituting the schedule to this report.

Specification of the registered amendments of the by laws of DECORA S.A.

Wording of the new regirtered uniform text of the by laws of DECORA S.A.