Photon Energy's wholly-owned project subsidiary Exit 90 SPV s.r.o. on 15 April 2009 signed a contract for the future purchase contract with HKT s.r.o. for two land plots with a total area of 17,534 m² in the municipality of Komorovice in the Vysočina region of the Czech Republic. The total contract value is EUR 184,107. Photon Energy a.s. has confirmed grid upload capacity of 2.35 MWp in this location and is working on acquiring additional plots of land in this site and plans to complete this project before year-end 2009. Legal basis: § 3 ust.2. of the Appendix 1 to Resolution No. 346/2007 of the Warsaw Stock Exchange management board dated 30 May 2007 "Current and Periodical Information in the Alternative Trading System".