Legal grounds: Paragraph 5.1.1 of the Ordinance of the Minister of Finance dated 19 October 2005 on current and periodical information provided by issuers of securities The report: Referring to the information obtained on 8 January 2009 from Bankowe Towarzystwo Kapitałowe S.A. ("BTK"), the Management Board of PKO BP S.A. ("Bank") hereby communicates that the District Court in Warszawa, XIII Commercial Department of the National Court Register, registered Bankowy Faktoring S.A. ("the Company") on 6 January 2009, in which BTK took over 1,000 registered shares of nominal value of PLN 1,000 each. The Company was established by BTK - Bank's subsidiary. The Company's shares taken over by BTK constitute 100% of the Company's share capital and entitle to 1,000 votes at the shareholders meeting of the Company, i.e. 100% of all votes to be exercised therein. Mentioned above shares were taken by BTK at PLN 1,330 each of PLN 1,330,000 in total. These shares recorded in the books of BTK amount to PLN 1,330,000. The take-over of the Company's shares by BTK was financed with BTK own funds. BTK treats this investment as a long-term investment. The Company is linked entity as defined in the Law of Accounting. The Company's shares taken over by BTK are considered as assets of significant value because their value exceeds 20% of the share capital of the Company.
