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 19 March 2007 adopted the resolution and decided to submit to the General Meeting the recommendation of the dividend payments for 2006 in the amount of PLN 980,000,000 (PLN 0.98 per one share). The Supervisory Board will consider and give an opinion on this recommendation, pursuant to paragraph 9 item 2 of the Bank’s statutes. Pursuant to art. 395 § 2 point 2 of the Code of Commercial Companies and paragraph 34 of the Bank’s statutes this recommendation will be submitted to determinate by the General Meeting.
