Kernel Holding SA (KER) komunikat - PURCHASE OF AGRICULTURAL ENTERPRISE

POLISH FINANCIAL SUPERVISION AUTHORITY
		UNI - EN REPORT No		50	/	2008
Date of issue:	2008-06-19
Short name of the issuer
KERNEL HOLDING S.A.
Subject
PURCHASE OF AGRICULTURAL ENTERPRISE
Official market - legal basis
Art. 56 ust. 1 pkt 1 Ustawy o ofercie - informacje poufne
Unofficial market - legal basis
Contents of the report:
The Board of Directors of Kernel Holding S.A. would like to inform that on 18 June 2008 a Subsidiary of Kernel Holding S.A. signed an agreement with a Ukrainian enterprise to acquire a Ukrainian company leasing 1 940 hectares of land in the central part of Ukraine (with 10-15 years lease term). The value of the deal will come to USD 2 450 thousand. The price includes, among other assets, a book of lease contracts for prime farm land, the farming equipment and the working capital necessary for the farming enterprises to operate as a going concerning, such working capital being presently primarily in the form of crops due to be harvested over the summer and autumn 2008.
Annexes
File			Description
Current report no 50.pdf			PURCHASE OF AGRICULTURAL ENTERPRISE

KERNEL HOLDING S.A.

(fullname of the issuer)

KERNEL HOLDING S.A.

Spożywczy (spo)

(short name of the issuer)

(sector according to clasification
of the WSE in Warsow)

L-1331

Luksemburg

(post code)

(city)

boulevard Grande-Duchesse Charlotte 65

(street)

(number)

(phone number)

(fax)

(e-mail)

(web site)

(NIP)

(REGON)

SIGNATURE OF PERSONS REPRESENTING THE COMPANY
Date	Name	Position / Function	Signature
2008-06-19	P.Conrad, A.Usacheva	Directors

Konta:	Konta osobiste Konta młodzieżowe Konta firmowe Konta walutowe
Kredyty:	Kredyty gotówkowe Kredyty mieszkaniowe Kredyty z dopłatą Kredyty dla firm

Kernel Holding SA
PURCHASE OF AGRICULTURAL ENTERPRISE