Warsaw, July 25th2007

76/2007

Pursuant to § 5 par. 21 and22 in relation to § 27 and28of the Ordinance of the Minister of Finance from 19 October, 2005 concerning current and periodical information submitted by issuers of securities (Dziennik Ustaw 2005, No 209, pos.1744) the Management Board of Sygnity Spółka Akcyjna with its registered seat in Warsaw,

would like to inform about dismissal and appointment of Management Board Executives

The Management Board of Sygnity Spółka Akcyjna would like to inform that the Supervisory Board decided at the meeting held on 25 July, 2007to dismiss Mr Michał Danielewski – Presidentof the Management Board of the Company as well as Mr Dariusz Chwiejczak and Mr Andrzej Miernik – Vice-presidents of the Management Board. Dismissals of those Members of the Management Board result from the decision of the Supervisory Board to start activities aiming at restructuring of Sygnity S.A.

At the same time the Supervisory Board of Sygnity S.A.appointed Mr Piotr Kardach as the President of the Management Board of the Company, who was previously Vice-president of the Management Board.

Also Mr Jacek Kujawa (previously Proxy of the Company) and Mr Andrzej Marciniak were appointed as the Vice-presidents of the Management Board of the Company.

In result of aforementioned amendments current make-up of the Management Board presents as follows:

- Mr Piotr Kardach – President of the Management Board,

- Ms Elżbieta Bujniewicz – Belka – Vice-president of the Management Board,

- MrAndrzej Kosturek - Vice-president of the Management Board,

- MrBogdan Kosturek - Vice-president of the Management Board,

- MrJacek Kujawa - Vice-president of the Management Board,

- MrAndrzej Marciniak - Vice-president of the Management Board.

Sygnity is the second biggest IT company in Poland. A basis of current position of the Sygnity Group are numerous clients infive key sectors and professional knowledge of the biggest in Poland team of experts. This foundation, together with stable increase of revenues, allows to look into the future with confidence–judges the Supervisory Board.

The President of the Management Board of Sygnity MrPiotr Kardachis a graduate of the Technical University in Poznań, Civil Engineering Faculty.He has been working in Emax Sp. z o.o. since 1998 as Director, Vice-president of the Management Board responsible for Finance and President of the Management Boardof Emax Sp. z o.o., and after the transformation of Emax into public company, he became President of the Management BoardofSA. In June 2007 Emax andSygnity (former ComputerLand) merged transforming into the second biggest IT Group in Poland. Piotr Kardach was appointed as the Member of the Management Board of Sygnity on 22 August, 2006.

Ms Elżbieta Bujniewicz-Belka –is an economist, graduate of the Warsaw School of Economics. She has been employed in Sygnity since 1996. On 6 September, 1999, she was appointed Vice-President of the Management Board.

MrAndrzej Kosturekis a graduate of the Technical University in Wrocław, Electronics Faculty, Computer Systems and Networks. He graduated with title Primus Inter Pares. Since 1999 the President of the Management Board of WINUEL SA, and since 2005 – Member of the Management Board of Emax SA, responsible for Energy and Power, Industry and Trade sectors. He was appointed Vice-President of the Management Boardof Sygnity on 8 March, 2007.

MrBogdan Kosturek graduated with distinction from the Technical University in Wrocław, speciality: IT Systems.Since 1995 has been working in WINUEL SA. He is the Vice-president of the Management Board and Technical Director, responsible forsoftware development, technological business development and implementations. Since 2005 the Member of the Management Board of Emax SA responsible for product and technology development process. He was appointed Vice-President of the Management Boardof Sygnity on 8 March, 2007.

MrJacek Kujawa is a graduateof Technical Institute in Kiev. Since 1990 has been working in POLSOFT company on executive posts and was responsible for creating and implementation of IT systems for financial institutions. Since 1996 Vice-president and since 2004 President of "Projekty Bankowe Polsoft" company. Since end of 2004 General Director of banking and finance sector in Computerland S.A. (now Sygnity). He was member of Supervisory Boards in "ZETO-RODAN", "PB Polsoft", "Support" ,and "CL Serwis" companies. Since 2006 Member of the Board of Association "XBRL Polska".

Mr Jacek Kujawa does not conduct any competitive activity outside the Issuer and is not a partner in any competitive partnership, or a member of the governing body of a capital company, or a member of any other competitive legal person’s body. He does not appear in the Insolvent Debtors` Register, kept according to the Polish National Court Register Act.

MrAndrzej Marciniak,is a lawyer, graduateof the Adam Mickiewicz University in Poznań. Since early 90s worked on managerial posts in inter alia UNISERVICE RENT SA leasing company,VISTULA SA clothing industry company, and AVC sp. z o.o. In 1994-2004 worked on managerial posts in BB Investments Capital Group companies, including Dom Maklerski BMT SA and BMT Leasing SA. He was a member of te Supervisory Boards of BB Investments Capital Group companiesas well as AMS SA, Bumar Waryński SA, PPWK im. E. Roamera, ZPO VISTULA SA,and Prestiże SA. Since November 2005 President of the Supervisory Board of ENEA SA, in December 2005 Member of the Management Board of ENEA SA, and later President of the Management Board of ENEA Energy Group.

MrAndrzej Marciniak does not conduct any competitive activity outside the Issuer and is not a partner in any competitive partnership, or a member of the governing body of a capital company, or a member of any other competitive legal person’s body. He does not appear in the Insolvent Debtors` Register, kept according to the Polish National Court Register Act.