Legal basis: Paragraph 5.1.1 of the Ordinance of the Council of Ministers of 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 it was advised that on 15 September 2008, Bankowe Towarzystwo Kapitałowe S.A. ("BTK”), a wholly-owned subsidiary of PKO BP, had sold 285,125 registered shares in Finder S.A. with its registered office in Warsaw having the nominal value of PLN 4 each and the aggregate nominal value of PLN 1,140,500 for a total price from the range between PLN 9,181,310.13 to PLN 9,668,873.88, depending on the date of the payment. BTK sold the shares to five natural persons and NetMedia Spółka Akcyjna with its registered office in Warsaw. None of the buyers is affiliated with PKO BP within the meaning of the Accounting Act. The payment is secured by NetMedia S.A. having received six documents which are irrevocable, unconditional and payable at the first request bank guarantees for a total of PLN 9,668,873.88, valid until 6 May 2009. BTK sold its shares upon fulfilment on 15 September 2008 of all the conditions provided for in the conditional share sale agreement of 10 July 2008. The value of record of the shares in the BTK books was PLN 6,500,000. The block of shares which was sold accounted for 46.42% of the Finder S.A. share capital and 46.42% of votes at its General Meeting. After the sale, BTK holds no shares in Finder S.A. The assets sold constituted a medium-term capital deposit of BTK. The assets sold were deemed significant because their value exceeded 20% of the Finder S.A. share capital.
