Report No. 8/2013

Legal grounds:

Article 70 section 1 of the Act of 29 July 2005 on Public Offering and the Conditions for Introducing Financial Instruments to the Organised Trading System and on Public Companies

The report:

The Management Board of Powszechna Kasa Oszczędności Bank Polski S.A. (the “Bank") advises that the Bank received a notification from Bank Gospodarstwa Krajowego (“BGK”) with regard to selling off a considerable block of Bank’s shares as a result of which the number of total votes held by BGK at the General Meeting of the Bank has changed.

According to the notification received by the Bank 128,102,731 Bank’s shares held by BGK were sold off in block transactions on 24 January 2013. Prior to the settlement of the transaction conducted, BGK held the total number of 128,102,731 Bank’s shares giving 128,102,731 votes at the General Meeting of the Bank.  The shares amounted to 10.25% of the share capital and gave 10.25% votes in the total number of votes at the General Meeting of the Bank.

As a result of the abovementioned sell-off transaction of 24 January 2013 (which was settled on 29 January 2013) BGK does not hold any shares of the Bank.