Letter from the Chairman of the Supervisory Board

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Ladies and Gentlemen,

It gives me great pleasure to declare that 2012 was another year which Cyfrowy Polsat and its shareholders may consider successful. Despite the difficult economic conditions and challenging macroeconomic environment, the Group was able to deliver excellent financial and operating performance. By consistently and effectively pursuing its development strategy, Cyfrowy Polsat has been consolidating its leading position on the media market in Poland.

I am proud to see the growth of Cyfrowy Polsat in all of its key operating segments – both in its pay TV and broadband Internet, and its innovative online services.

The Group was a successful competitor among TV broadcasters, securing satisfying viewership figures and increasing its share in the TV advertising and sponsorship market.

The expansion of Cyfrowy Polsat’s data transmission offer and the rising number of broadband Internet users are also important developments. The Group offers the world’s fastest and most advanced mobile LTE-based Internet service, and last year even increased the speed to 150 Mbps. Access to high-speed LTE Internet is already being provided to over 50% of Poland, while HSPA/HSPA+ coverage is more than 93%.

Cyfrowy Polsat bolstered its presence in the segment of state-of-the-art online services, expanding its offer to include ipla, Poland’s leading online video service, and launching the muzo service, which gives access to the best music online. Introduction of the DVB-T mobile TV standard further enhanced the range of comprehensive services available to Cyfrowy Polsat subscribers.

Last year’s novelty was the beginning of an agreement between Cyfrowy Polsat and Polkomtel, which brings improved attractiveness to both companies’ offers and additional benefits for their customers.

In conclusion, I would like to thank our Shareholders, as well as the Subscribers and Customers of the Cyfrowy Polsat Group, for the confidence they have placed in us. I would like to offer particular thanks to the Group’s Management Board and Employees for their effective work and commitment, which has significantly contributed to the achievement of our goals and objectives. Thanks to their efforts, the Company has been able to deliver sustainable value growth for the benefit of its Shareholders.I am convinced that the Group will continue to successfully implement its strategy and ambitious objectives, ensuring that next year will also be prosperous for Cyfrowy Polsat.

With kindest regards,

ZYGMUNT SOLORZ-ŻAK

Chairman of the Supervisory Board