J W Construction S A : Current report 87/2020

Subject: Revision of the interim report for the first half of 2020.

Legal basis: Article 56(1)(2) of the Act on Public Offering - current and periodic information

Content of the report:

The Management Board of J.W. Construction Holding S.A. with its registered office in Ząbki ('Company'), pursuant to §15 section 4 of the Regulation of the Minister of Finance of 29 March 2018 on the current and periodic information provided by the issuers of securities and the conditions for recognizing as equivalent the information required by the regulations of a non-Member State ('Regulation'), in connection with the received recommendation of the Polish Financial Supervision Authority, hereby informs that it has made a revision of the interim consolidated report for the first half of 2020. The revision concerns an additional impairment charge for shares in subsidiaries in the amount of PLN 6,950,316.49 and a charge for loans granted to subsidiaries in the amount of PLN 3,601,081.08. These write-offs were included in the financial statement as of 30 June 2020 and should be included in the statement as of 31 December 2019, as recommended by the Polish Financial Supervision Authority.

The Management Board of the Company submits the attached documents:

1) Revised Condensed Consolidated Financial Statements for the 6 months of 2020;

2) Revised Management Board's report on the activities of the Company's Capital Group for the first half of 2020;

3) Independent auditor's report on the review of the revised consolidated interim financial statements of the Company's Capital Group for the period of 6 months of 2020 with respect to the revised statements.

4) Independent auditor's report on the review of the Company's revised interim financial statements for the period of 6 months of 2020 with respect to the revised statements.