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 PKO BP SA hereby informs that it has been advised today that on 3 November 2005, PKO Inwestycje Sp. z o.o. with its seat in Warsaw at ul. Puławska 15 entered into an agreement under which it acquired from Prokom Investments S.A. 1,960 (one thousand nine hundred sixty) shares in Wilanów Investments Sp. z o.o. having the nominal value of PLN 1,000 (one thousand) each, i.e., a total nominal value of PLN 1,960,000 (one million nine hundred sixty thousand) which constitutes 49% of the share capital of Wilanów Investments Sp. z o.o. The purchase price for the shares was PLN 66,000,000 (sixty six million) and it included all the following payments made by the date of the above agreement by Prokom Investments S.A. to Wilanów Investments Sp. z o.o.: contributions to the share capital, additional contributions and other performance completed and expenses incurred under the Shareholders’ Agreement of 5 March 2004, Deed of Association of Wilanów Investments Sp. z o.o., Perpetual Usufruct Transfer Agreement and Declaration on the Establishment of Mortgage of 26 April 2004. PKO BP SA owns 100% of shares in PKO Inwestycje Sp. z o.o. Until the date of the abovementioned agreement 51% of shares in Wilanów Investments Sp. z o.o. were owned by PKO Inwestycje Sp. z o.o. Prokom Investments S.A. is not related to PKO BP SA or PKO Inwestycje Sp. z o.o. The purchase is a long-term investment and was financed with PKO Inwestycje Sp. z o.o. own funds. As a result of the above transaction PKO Inwestycje Sp. z o.o. holds 100% of shares and voting rights in Wilanów Investments Sp. z o.o. The assets purchased are considered significant because their value exceeds 20% of the share capital of Wilanów Investments Sp. z o.o.
