Current reports

The Management Board of PKO BP SA informs that pursuant to § 15.1.8 of the Bank’s Statutes, the Supervisory Board of PKO BP SA adopted on 8 December 2005 resolution appointing Mr Sławomir Skrzypek for the position of the Deputy President of the Management Board of Powszechna Kasa Oszczędności Bank Polski Spółka Akcyjna.

The Management Board of Powszechna Kasa Oszczędności Bank Polski Spółka Akcyjna hereby informs that on 22 November 2005 the Bank entered into 4 credit agreements with one of the PKO BP SA clients.

In connection with the publication on 14.11.2005 of its interim financial statements of the PKO Bank Polski SA Group for the three quarters of 2005, PKO BP SA encloses an unofficial English translation thereof.

The Management Board of PKO BP SA hereby notifies that the right to acquire the Bonus Shares shall be determined on 10 November, 2005, following the closing of the trading session.

The Management Board of PKO BP SA hereby informs that it has been advised today that on 3 November 2005, PKO Inwestycje Sp. z o.o. entered into an agreement under which it acquired from Prokom Investments S.A. 1,960 shares in Wilanów Investments Sp. z o.o. having the nominal value of PLN 1,000 each, i.e., a total nominal value of PLN 1,960,000 which constitutes 49% of the share capital of Wilanów Investments Sp. z o.o.

The Management Board of PKO BP SA hereby informs that on 3 October 2005 it was advised that on 30 September 2005, the National Bank of Ukraine issued the decision No. 199 consenting to include the proceeds of the subordinated loan granted by PKO BP SA in the Kredyt Bank Ukraina SA shareholders’ equity, in accordance with the agreement entered into by and between PKO BP SA and Kredyt Bank Ukraina SA on 17 August 2005, in the amount of USD 7,000,000