BGS Energy Plus announces the signing of a contract for construction of a 500 kW biogas plant

The Management Board of BGS Energy Plus announces that its fully-owned subsidiary BGS Biogas a.s. on 22th December 2010 signed a contract for construction of a biogas plant of 500 kW located in Korolupy, Czech Republic with Zemědělské družstvo Korolupy, Korolupy 95, 671 07 Uherčice u Znojma. The plant is scheduled to be built by Q3 2011.

The total contract value is CZK 45 000 000 (EUR 1 780 000).

BGS Energy Plus and its board members are unrelated to the principals of Zemědělské družstvo Korolupy, Korolupy .

Legal basis: § 3 ust.2 point 2 of the Appendix 3 to Resolution No. 733/2009 of the Warsaw Stock Exchange