Legal basis: Article 70 .1 of the Act on Offerings Content of the report: The Management Board of Powszechna Kasa Oszczędności Bank Polski Spółka Akcyjna (“PKO BP S.A.” or the “Company”) announces that, on 18 December 2009, it received notification from the State Treasury of a reduction in the State Treasury’s share in the total number of votes in the Company. The share reduction is caused by the registration by the District Court for the City of Warsaw in Warsaw, XIII Commercial Division of the National Court Register of an increase in the share capital of the Company from the amount of PLN 1,000,000,000 to the amount of PLN 1,250,000,000 through an issue of 250,000,000 series D ordinary bearer shares in the Company with a nominal value of PLN 1 each (the “Registration”). Before the Registration, the State Treasury held 512,406,927 shares in the Company, comprising 51.24 per cent of the share capital and entitling it to exercise 51.24 per cent of the total number of votes at the General Meeting of Shareholders. After the Registration, the State Treasury held 512,406,927 shares in the Company, comprising 40.99 per cent of the share capital and entitling it to exercise 40.99 per cent of the total number of votes at the General Meeting of Shareholders. PKO BP S.A. informed in current report No. 56/2009 about the change in PKO BP S.A. share capital structure and the Bank Gospodarstwa Krajowego crossing the threshold of 10% votes at the Company’s General Meeting.
