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#Current report 67/2018

Current report 67/2018 (23.07.2018)

Title:

Conclusion of agreement on establishment of strategic cooperation with the Agricultural Bank of Sudan

Legal basis:

Art. 17 sec. 1 Market Abuse Regulation

Message:

The Management Board of URSUS S.A. hereby informs that on the 21 July 2018 the Issuer concluded with the Agricultural Bank of Sudan, the state-owned bank with nearly 60 years of history specialized in financing projects related to agriculture, an agreement on establishment of strategic cooperation aiming at launching production of tractors and machinery URSUS in Sudan and creation in the Sudanese territory of a network of servicing centers.

The concluded agreement is a preliminary document in which the Parties undertook to complete the negotiating process as soon as possible and conclude a relevant cooperation agreement.

Thanks to the actions taken, URSUS S.A. shall gain possibility of entering the Sudanese market, which will be the next step in the international expansion of the Company.

The Issuer will keep the public informed of the subsequent stages of initiatives with the Sudanese partner.