Cyfrowy Polsat S.A. complies with the corporate governance rules described in the document "Code of Best Practice for WSE Listed Companies" attached to the resolution no. 12/1170/2007 of the Supervisory Board of the Warsaw Stock Exchange dated July 4, 2007 amended by the following resolutions of the WSE Supervisory Board: no. 17/1249/2010 dated May 19, 2010, no. 15/1282/2011 dated August 31, 2011 and no 20/1287/2011 dated October 19, 2011 (the changes proposed in 2011 come into force on January 1, 2012).

The document was prepared by the Warsaw Stock Exchange and is available in the WSE headquarters and disclosed on the website dedicated to corporate governance issues: http://www.corp-gov.gpw.pl.

Every year, together with the annual report, the Company publishes a report on the application of the principles of corporate governance in the given year. If any rule from the "Code of Best Practice for WSE Listed Companies" is breached by us, we publish a current report regarding that issue.