RB-33-2006 Credit Agreement with Fortis Bank Polska S.A

Pursuant to § 5 Act 1 Pt 3 of the Regulation issued by the Minister of Finance on 19 October 2005 concerning current and periodical information pertaining to companies traded on the stock exchange, ComArch S.A.'s Management Board reports that on 9 June 2006 the Company obtained signed investment credit agreement with Fortis Bank Polska S.A. having its registered seat in Warsaw on financing of the third construction stage of production and office buildings in the Special Economic Zone in Krakow.

The credit amounts to 85 % of investment value,  30,000,000 PLN at maximum. The crediting period may last a maximum of 16 years at a variable interest rate and should be taken out by 28 September 2007. A promissory note, the mortgage on land and the building insurance policy are security for this credit. The value of the company's total equity constitutes the significant agreement's criterion.