Legal basis: Paragraph 39.1.7 of the Ordinance of the Minister of Finance on current and periodical information provided by issuers of securities dated 19 October 2005 The report: The Management Board of Powszechna Kasa Oszczędności Bank Polski Spółka Akcyjna hereby informs that on 27 March 2006 adopted the resolution and decided to submit to the General Meeting the recommendation of the dividend payments for 2005 in the amount of PLN 800,000,000 (PLN 0.80 per one share). The Supervisory Board considered and gave an opinion on this recommendation, pursuant to paragraph 9 item 2 of the Bank’s statutes, on 27 March 2006. Pursuant to art. 395 § 2 point 2 of the Code of Commercial Companies and paragraph 35 of the Bank’s statutes this recommendation will be submitted to determinate by the General Meeting.
