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Information on the projected cost (fair value) of managerial option program in Talex S.A. for 2008-2009. Pursuant to „Good Practices of Companies Listed on WSE” rules accepted by Talex S.A., the Company hereby presents the projected costs of the managerial option program for the period 2008-2009, implemented in the Company on the basis of the resolution passed during the Ordinary General Meeting of Shareholders of Talex Spółka Akcyjna held on 22 April 2008 (the “Program”): The estimated cost (fair value) of the first tranche of the Program, which covers the first accounting period lasting from 1 January 2008 to 31 December 2008, at grant date (26 June 2008) amounts to 1.25 million PLN (110,000 shares). The estimated cost (fair value) of the second tranche of the Program, which covers the second accounting period lasting from 1 January 2009 to 31 December 2009, at grant date (29 December 2008) amounts to 1.036 million PLN (110,000 shares). TALEX SA declares that corporate documents and financial reports are published in English for information purposes only. TALE X SA is not liable for the accuracy of the translation of original documents in Polish. The original versions of those documents are avai lable at the management board office in Poznań, Karpia Street 27d.