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 SA (“PKO BP SA”) hereby informs that on 2 August 2007 PKO BP SA was informed that the District Court in Łódź on 15 July 2007 had registered capital of BFL Nieruchomości Sp. z o.o. with its seat in Łódź in the total amount PLN 1,100,000 (say: one million and one hundred thousand PLN). The shares in capital were acquired by Bankowy Fundusz Leasingowy (“BFL”) – PKO BP SA subsidiary (PKO BP SA owns 100% of shares in BFL). BFL acquired 2,200 shares in BFL Nieruchomości Sp. z o.o. capital having a total value of PLN 1,100,000 (say: one million and one hundred thousand PLN) for PLN 1,100,000 (say: one million and one hundred thousand PLN) purchase price. BFL acquired 100% of the capital and entitling to 100% of votes at the Shareholders Meeting of BFL Nieruchomości Sp. z o.o. The acquisition is an investment with long-term duration and was financed with BFL own funds. BFL Nieruchomości Sp. z o.o. is linked entity as defined in the Law of Accounting. The assets acquired are considered significant because their value exceeds 20% of the share capital of BFL Nieruchomości Sp. z o.o.
