TORFARM S.A.

Torfarm SA (Torfarm) is a pharmaceutical company mainly involved in the wholesale of generic drugs and medical equipments to pharmacies. The company offers marketing services, IT services and the pharmaceutical products. It is involved into networking with independent pharmacies for the distribution of its drugs. The company is also engaged in providing management consultancy services to pharmaceutical companies and additional activities, such as provision of medical clothes and furniture for pharmacies, thus contributing to business development. Torfarm operates through 18 subsidiaries of which 12 are directly owned and 6 indirectly. The company is headquartered in Torun, Poland.The company reported revenues of (Polish Zloty) PLN 5,689.90 million during the fiscal year ended December 2009, an increase of 43.34% over 2008. The operating profit of the company was PLN 59.47 million during the fiscal year 2009, an increase of 124.22% over 2008. The net profit of the company was PLN 38.46 million during the fiscal year 2009, an increase of 683.20% over 2008.