Shareholding structure

	Number of shares	% of share capital	Number of votes	% of voting rights
Agora-Holding Sp. z o.o.	5 692 420	11.18%	21 818 820	33.53%
Preferred shares (A)	4 281 600	8.41%	21 408 000	31.45%
Employees (registered)	24 820	0.05%	24 820	0.04%
Participatory Closed Mutual Fund	339 605	0.67%	339 605	0.50%
BZWBK Asset Management S.A. (1):	7 938 618	15.59%	7 938 618	11.66%
BZ WBK TFI S.A. (2), incl.:	6 570 685	12.90%	6 570 685	9.65%
- Arka BZ WBK FIO (3)	5 585 522	10.97%	5 585 522	8.21%
ING Otwarty Fundusz Emerytalny (4)	3 758 637	7.38%	3 758 637	5.52%
Free float	33 183 286	65.15%	33 183 286	48.75%
Total shares outstanding	50 937 386	100%	68 063 786	100%

(1) as of December 30, 2011
(2) as of December 29, 2011
(3) as of December 28, 2011
(4) as of September 26, 2011

Agora's share capital comprises 50 937 386 shares, including:

- 4 281 600 registered series A shares (shares entitling its holder to five votes at the General Meeting of Shareholders and giving number of additional rights specified in the Company's Statute )
- 46 655 786 ordinary shares series B and D, registered and bearer.

Bearer shares: 45 144 146 shares, ISIN code: PLAGORA00067

Nominal value of each share amounts to PLN 1.

Shares are listed on:

Warsaw Stock Exchange
component of indices: WIG, mWIG40, WIG-MEDIA
date of first quotation: April 20, 1999
market: main
quotation system: continuous
sector: media

Agora's identification code:
on Warsaw Stock Exchange: AGO
in Reuters: AGOD.WA
in Bloomberg: AGO:PW

Identification number of Agora's shares:
International Securities Identification Number (ISIN): PLAGORA00067

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