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: Referring to the information obtained on 5 October 2007 from PKO Inwestycje Sp. z o.o. ("PKO Inwestycje "), the Management Board of PKO BP SA ("Bank") hereby communicates that the District Court in Szczecin, XVII Commercial Department of the National Court Register, registered “ARKADIA Inwestycje” spółka z ograniczoną odpowiedzialnością ("the Company") on 1 October 2007. The Company was established by
- PKO Inwestycje - Bank's subsidiary and
- POMERANKA Sp. z o.o. – PKO Inwestycje subsidiary.
On 1 October 2007, PKO Inwestycje took over 999 shares of the Company of PLN 1,000 each. The Company's shares taken over by PKO Inwestycje constitute 99.9% of the Company's share capital and entitle to 999 votes at the general shareholders meeting of the Company, i.e. 99.9% of all votes to be exercised therein. Mentioned above shares were taken by PKO Inwestycje at nominal value of PLN 999,000 in total. These shares recorded in the books of PKO Inwestycje amount to PLN 999,000. The remaining 1share in the Company, held by POMERANKA Sp. z o. o., constitutes 0.1% of the share capital and entitles to 1 vote at the general shareholders meeting of the Company. The take-over of the Company's shares by PKO Inwestycje was financed with PKO Inwestycje own funds. PKO Inwestycje treats this investment as a long-term investment. The Company's shares taken over by PKO Inwestycje are considered as assets of significant value because their value exceeds 20% of the share capital of the Company.