Investor Reports

ComArch SA informs that on 30 September 2005, it signed an agreement with the Ministry of Education and Science for the supply, installation and integration of computer labs in five Polish administrative regions: the lubelskie, pomorskie, zachodniopomorskie, kujawsko-pomorskie and warminsko-mazurskie regions.

On 21 September 2005, ComArch S.A. adopted the information that on 16 September 2005, the company\'s Management Board Vice-President sold 5,000 of ordinary ComArch S.A. shares at the Warsaw Stock Exchange, valued at 59.60 PLN each.

On 21 September 2005, ComArch S.A. was informed that on 16 September 2005, the company\'s Management Board Vice-President sold 5,000 ordinary ComArch S.A. shares at the Warsaw Stock Exchange, valued at 59.60 PLN each.

The Management Board of ComArch S.A. has received notice from BZ WBK AIB Towarzystwo Funduszy Inwestycyjnych S.A. regarding the acquisition of shares by Arka BZ WBK Zrównowazony FIO on 28 July 2005.

The Management Board of ComArch S.A. has received notice from BZ WBK AIB Asset Management SA regarding the acquisition of shares by BZ WBK AIB Asset Management SA on 4 July 2005.

STATUTE OF THE COMARCH SPÓLKA AKCYJNA COMPANY The unified text set forth with the resolution of the Supervisory Board of the Company No. 1/6/2005 of 8 June 2005, after entering the changes into the register of the Company with the decision of the Court of 23 June 2005.

The Management of ComArch SA provides the current report on the contents of resolutions passed by the General Assembly of Shareholders on 30 June 2005.

The Management Board of ComArch SA informs that in accordance with the list of shareholders participating in the General Shareholders\' Meeting of ComArch SA on 30 June 2005, two persons held more than 5% of the total number of votes in this Meeting: