ComArch S.A.'s Management Board herby reports that on 22 June 2006 Mr. Piotr Piatosa was appointed Vice-President of the Management Board of ComArch S.A. at the Ordinary General Meeting.

Mr. Piotr Piatosa is 33 years old, he is the master of engineering in technical Physics, he graduated from Akademia Górniczo-Hutnicza in Krakow. Within the scope of Physics he studied also in Johannes Gutenberg-Universität in Mainz in Germany. He received the Master of Business Administration. He also graduated Oxford Brookes University and Polish Open University.

Mr. Piotr Piatosa has been working in ComArch S.A. since 1998. He worked as a programmer, an analyst and as a project manager in the Systems of Data Exchange Department. He was a Director of the responsibility centre in the Services, Industry and Commerce Sector between 2000 and 2003 and he worked as a Director of consulting centre in the Services, Industry and Commerce Sector between 2003-2005, and then in Finance and Services Sector.

Accordingly to the company's knowledge Mr. Piotr Piatosa, runs a business as a partner of the civil law partnership within the scope of the rent outside the company. This is not a competitive activity against ComArch S.A. Mr. Piotr Piatosa does not carry on any competitive activity against the company as a associate of a civil law partnership, a partnership or as a member of a body of the capital company and he is not a member of the body of any other competitive legal person. Mr. Piatosa is not inscribed in the Bankruptcy Register, maintained pursuant to the Act on the Commercial Companies' Code.