The company informed that on 12.10.2012 the S-Service Agro company filed a motion for declaring Polimex bankrupt to the court in Poznan. Polimex claims that the S-Service Agro is not its subcontractor and that the company has obtained the liabilities of Polimex through the cession of receivables. This however was not authorized by Polimex which according to Polimex proves its legal ineffectiveness. Our view: We expect the news to drag down the share price of Polimex today despite the Polimex treating this motion as unlawful. Such motions may pop up occasionally in the weeks ahead until the company finally receives the proceeds from the share issue and ARP loan.