Legal grounds: Art. 56.1.1 of the Law of 29 July 2005 on Public Offers, the Conditions for Introducing Financial Instruments to an Organised System of Trading and Public Companies The report: The Management Board of Powszechna Kasa Oszczędności Bank Polski Spółka Akcyjna (the “Bank”) hereby informs that on 21 June 2011 it has adopted a resolution concerning the consent to open the program of own bonds issue on the domestic market (“Issue Program”). The amount of Issue Program is PLN 5,000,000,000 or the equivalent of this in other currencies. The proceeds from the issue of bonds issued within Issue Program shall be used for general financing purposes of the Bank. The Issue Program is of unlimited duration. About the issue of bonds within Issue Program Bank will inform according to applicable regulations, in particular to Paragraph 5.1.11 of the Ordinance of the Minister of Finance of 19 February 2009 on current and periodic information published by issuers of securities and the conditions for regarding information required by the law of a non-member state as equivalent.
