Corporate Governance Statement
Pursuant to § 29 of the Warsaw Stock Exchange Rules, in connection with the application for the shares to be admitted to listing on the main market of the Warsaw Stock Exchange, Cinema City International N.V. (the "Company") makes a statement on observing the corporate governance rules contained in the "2005 Best Practices in Public Companies". The statement of the Company, which specifies the rules which will not be observed by the Company and the reasons why a given rule cannot be observed in full, is enclosed to this current report.
Legal grounds: Art. 56.1.1 of the Act on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organized Trading, and Public Companies dated 29 July 2005, in conjunction with § 29 of the Warsaw Stock Exchange Rules.