WSE Commencement of talks regarding changes of terms in the issue of T series, W series and Y series bonds.

The Management Board of the "Work Service" S.A. ("Issuer", "Company") informs that the Company on November 8, 2018, initiated negotiations with institutional entities that are bondholders of T series, W series and Y series Bonds ("Bondholders") regarding changes in the terms of issue ("Terms of Issue") issued by the Company of W Series, Y Series and T Series Bonds ("Bonds") consisting, among other things, in the change of the repurchase date of each Bond.
In the opinion of the Issuer's Management Board, the conclusion of the abovementioned negotiations will have a measurable and beneficial effect on the Issuer's financial standing, including liquidity, taking into account, in particular, the upcoming date for the purchase of the Bonds. The scope of changes to the Terms of Issue will be the subject of further detailed discussions and negotiations of interested parties, and the Issuer's management intends to complete this process by the end of November 2018. The Issuer's Management Board stipulates that there is no certainty that negotiations on the change of the Bond Issue conditions will be a success and on the effects of the talks and arrangements conducted, the Issuer will inform in separate current reports. As a result of the analysis, the Issuer found that it is justified that the indicated above information should be qualified as confidential information within the meaning of Article 17(1) MAR, subject to publication in the form of this report.