Publicizing the Izostal S.A. Supervisory Board Report on the assessment of the financial statement and of the Management Board report on the Company activity for 2010, including the assessment of the Company standing in 2010, as well as the Report on the Supervisory Board activity in 2010.

Date  of issue: 2011-05-18

Legal basis:  Art. 56 Clause 1 Item 2 of the Offering Act – current and periodic information.

SUBJECT:
Publicizing the Izostal S.A. Supervisory Board Report on the assessment of the financial statement and of the Management Board report on the Company activity for 2010, including the assessment of the Company standing in 2010, as well as the Report on the Supervisory Board activity in 2010.

CONTENT OF THE REPORT:
Izostal S.A. (the Company) Management Board encloses:
1.   The Supervisory Board Report on the assessment of the financial statement and of the Management Board Report on the Company activity for 2010, as well as the assessment of the Company standing in 2010.
2.    The Report on the Supervisory Board activity in 2010.

The enclosed documents will be presented at the Annual General Meeting of Izostal S.A., convened on 20.05.2011. The documents were published on the Izostal S.A. webpage, at the date of publicizing a current report on the draft resolutions passed by the Izostal S.A. General Meeting (report No.28/2011 as on 21.04.2011).

Detailed legal background:  §38 Clause 3 Item 1) of the Ordinance of the Minister of Finance of February 19, 2009 on current and periodic information disclosed by the issuers of commercial papers and the conditions for recognizing as equivalent the information required by the laws of a non-member state (Journal of Laws No. 33, Item 259).
 
Enclosures:
Adopting the Supervisory Board Report on the assessment of the Company's financial statement for 2010,  including the assessment of the Company's  situation in 2010.

The Supervisory Board report for 2010

SIGNATURES OF PERSONS REPRESENTING THE COMPANY:
Management Board President, General Director Marek Mazurek 2011-05-18
Management Board Vice President, Commercial Director Jacek Podwiński 2011-05-18

INFORMATION ON THE ENTITY:
Full name of the issuer: IZOSTAL SPÓŁKA AKCYJNA
Abbreviated name of the issuer:  IZOSTAL S.A
Sector based on the classification of Warsaw Stock Exchange:  Other industry
Address: 47-120 Zawadzkie Polna 3
Telephone: (77) 405 65 00
Fax: (77) 405 65 01
e-mail:info@izostal.com.pl
www.izostal.com.pl
VAT No. [NIP]:756-00-10-641
Statistical No. [REGON]: 530884678