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Changes in identification and payment information of LESS & TIMBER

Dear business partners,

We would like to inform you that following the successful takeover of LESS & TIMBER s.r.o. by the group Jet Investment on 31 December2014, as of the 1st January 2015, a change has occurred in the following identification and payment information. The legal form of the company has changed as well from s.r.o. (limited liability company) to a.s. (anonymous society) with higher capital requirements. The company name was preserved, as we are aware that for more than 11 years the brand LESS & TIMBER has been associated with the highest quality in the wood processing industry.

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The companies LESS & TIMBER s.r.o. and LESS & ENERGY, s.r.o. have been taken over by investment group Jet Investment

Dear business partners,

We would like to thank you for your cooperation with LESS & TIMBER s.r.o., especially for continuing to believe in us even in the recent, economically challenging times. Please be assured that we highly value the trust that you have shown.

In this context, I am pleased to announce to you that the period of uncertainty has finally come to an end. As of 31 December 2014, the company LESS & TIMBER as well as its subsidiary LESS & ENERGY s.r.o. have been taken over by a stable domestic investment group, Jet Investment.

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