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: The Management Board of Powszechna Kasa Oszczędności Bank Polski Spółka Akcyjna („PKO BP”) hereby informs that on 23 April 2007 Bank was informed that the Bankowe Towarzystwo Kapitałowe S.A. („BTK”) – PKO BP subsidiary (PKO BP S.A. owns 100% of shares in BTK), sold 409 shares in Inter Finance Poland Sp. z o. o. with its seat in Suchy Las near Poznań (“Inter Finance”) of PLN 1,000 value each and of total nominal value of PLN 409,000 for PLN 410,000 purchase price. BTK executed the sale of Inter Finance shares to individual person, not affiliated with PKO BP. The value of the sold shares of Inter Finance as shown in the BTK’s books is PLN 0. The shares represented 45% of the share capital entitling to 45% of votes at the Meeting of Shareholders of Inter Finance. Upon this transfer, BTK holds no shares in Inter Finance. The assets sold constituted a medium –term investment of the BTK. The assets sold are considered significant because their value exceeds 20% of the share capital of Inter Finance.
