Pursuant to art. 395 § 1 and to art. 399 § 1 of the Commercial Companies Code and pursuant to § 14 of the company's Statute, the Management Board of ComArch S.A. hereby convenes Annual General Shareholders Meeting of ComArch S.A., to be held at 09:00 o'clock on June 22nd 2006, at Aleja Jana Pawla II 39A in Krakow, Poland:

The agenda of the Meeting:

1. Opening of the Meeting
2. Election of the Chairman of the Meeting
3. Election of the Returns Committee
4. Voting on agenda of the Meeting
5. Speech of the Chairman of the company's Board of Supervisors
6. Speech of the President of the company's Management Board
7. Consideration of the report of the company's authorities and the company's financial statement and the consolidated financial statement for the fiscal year 1.01.2005 - 31.12.2005
8. Voting on the resolutions on:
   1. approving the company's financial statement for the fiscal year 1.01.2005 - 31.12.2005;
   2. approving the report of the Management Board regarding the activities of the company in 2005;
   3. approving the activity report of the company's Board of Supervisors for the fiscal year 1.01.2005 - 31.12.2005 and audit of the company's financial statement and audit of the report of the Management Board regarding company's activities in 2005;
   4. approving the financial statement of the Capital Group for the fiscal year 1.01.2005 - 31.12.2005;
   5. approving the report of the Management Board of ComArch S.A. regarding the activities of the Capital Group in 2005;
   6. approving the report of the company's Supervisors Board of the audit of the consolidated financial statement of the Capital Group and of the report of the Management Board regarding the activities of the Capital Group in 2005;
   7. distribution of the company's profit for the fiscal year 1.01.2005 - 31.12.2005
   8. acknowledging the fulfilment of duties by the members of the Management Board in the fiscal year 1.01.2005 - 31.12.2005;
   9. acknowledging the fulfilment of duties by the members of the Board of Supervisors in the fiscal year 1.01.2005 - 31.12.2005;
   10. changes in the list of persons of the company's Management Board;
   11. changes of the company's Statute;
   12. changes in the programme of managerial option for the members of the Management Board and the key employees of the company which was passed on the Shareholders' Meeting on June 30th 2005.
9. Closing of the Meeting.

Pursuant to art. 402 § 1 of the Commercial Companies Code, the company herby informs that previous article 7, section 1 of the company's Statute:

"The Company's share capital comes to not more than 7,655,095.00 PLN (in words: seven million six hundred fifty-five thousand ninety five PLN) and is divided into not more than 7,655,095 (in words: seven million six hundred fifty-five thousand ninety five) shares, including: 1,767,200 (one million seven hundred sixty-seven thousand two hundred) registered preference shares of nominal value of 1.00 PLN every share and not more than 5,887,895 (five million eight hundred eighty seven thousand eight hundred ninety-five) ordinary bearer shares of nominal value of 1.00 PLN every share, including:

1. 883,600 series A registered preference shares,
2. 56,400 series A ordinary bearer shares,
3. 883,600 series B registered preference shares,
4. 56,400 series B ordinary bearer shares,
5. 3,008,000 series C ordinary bearer shares,
6. 1,200,000 series D ordinary bearer shares,
7. 638,600 series E ordinary bearer shares,
8. 125,787 series G ordinary bearer shares,
9. 102,708 series G3 ordinary bearer shares,
10. not more than 700,000 series H ordinary bearer shares."

is worded as follows:

"The Company's share capital comes to 7,518,770.00 PLN (in words: seven million five hundred eighteen thousand seven hundred seventy PLN) and is divided into 7,518,770 (in words: seven million five hundred eighteen thousand seven hundred seventy) shares, including: 1,767,200 (one million seven hundred sixty-seven thousand two hundred) registered preference shares of nominal value of 1.00 PLN every share and 5,751,570 (five million seven hundred fifty-one thousand five hundred seventy) ordinary bearer shares of nominal value of 1.00 PLN every, including:

1. 883,600 series A registered preference shares,
2. 86,400 series A ordinary bearer shares,
3. 883,600 series B registered preference shares,
4. 56,400 series B ordinary bearer shares,
5. 3,008,000 series C ordinary bearer shares,
6. 1,200,000 series D ordinary bearer shares,
7. 638,600 series E ordinary bearer shares,
8. 125,787 series G ordinary bearer shares,
9. 102,708 series G3 ordinary bearer shares, and
10. 563,675 series H ordinary bearer shares"

At the same time, the Management Board of ComArch S.A. hereby informs, that registered deposit certificates or certificates of placing of the shares on deposit, which entitle to participation in AGM, should be deposited till 14 June 2006 by 5 o'clock p.m. in the company's headquarters at Jana Pawla II 39 A in Krakow, Poland.