The Management Board of Apator SA (" the Issuer") acting based on art 57 para 3with regard to art 56 para 1 point 1of the Act dated 29th July 2005 on public offering and conditions of introduction of financial instruments to organized trading system and public companies(Journal of Laws No. 184, item 1539 with later amendments) ("the Act") announces the confidential information below which disclosure was delayed till 31st October 2015 by the report no. 7/2015 P submitted on 14th July 2015 to thePolish Financial Supervision Authority based on art 57 para 1 of the Act with regard to § 2 para 1 point 1 of the Resolution of Minister of Finance dated 13th April 2006 on kind of information that can violate legitimate interest of the Issuer and the method of proceeding of the Issuer with regard to the delay in announcement of confidential information (Journal of Laws No 67, item 476).

The Issuer and one of leading European funds of private equity signed on 14thJuly 2015 the letter of intent concerning common acquisition of 100% shares of the company dealing with measuring of water (“Transaction”).

The Issuer announces that the Transaction did not take place due to the reasons beyond the control of the Issuer and the fund.

Further to the process being performed, the Issuer has incurred the costs in amount of PLN 500 000 that will be presented in consolidate financial statement for 2015.

Below please find enclosed the content of the report no. 7/2015 P submitted on 14thJuly 2015 to the Polish Financial Supervision Authority concerning the delayed confidential information:

"Notification about delayed publication of confidential information:

Management Board of Apator SA ("Issuer") acting based on art 57 para 1 of the Act dated 29th July 2005 on public offering and conditions of introduction of financial instruments to organized trading system and public companies (Journal of Laws No. 184, item 1539 with later amendments) ("Act"), with regard to § 2 para 1 point 1 of the Resolution of Minister of Finance dated 13th April 2006 on kind of information that can violate legitimate interest of the Issuer and the method of proceeding of the Issuer with regard to the delay in announcement of confidential information (Journal of Laws No. 67, item 476 with later amendments), announces about the delay of the performance of the obligation mentioned in art. 56 para 1 point 1 of the Act, referring to confidential information concerning negotiations being conducted by the Issuer.

The delay in announcement of the above confidential information is justified due to the fact that its current announcement could violate legitimate interest of the Issuer since it could have negative influence on the run or the result of negotiations being conducted.

In opinion of the Issuer the delay in announcement of the above confidential information will not cause the misleading the public and the confidentiality of the content of the above information will be maintained until its announcement as well.

The content of the above confidential information will be announced in current report till 31stOctober 2015, that is assumed date of completion of negotiations conducted by the Company.