Legal basis: Paragraph 5.1.3 of the Regulation 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. The contents of the report: The Management Board of Powszechna Kasa Oszczędności Bank Polski Spółka Akcyjna (the “Bank”) hereby reports that the Bank has undertaken steps to provide the Bank’s client (the “Client”) with financing of up to PLN 2.9 bn. As part of the above efforts, having obtained all necessary corporate authorisations, on 9 October 2009, the Bank executed a facility letter with the Client. This agreement contains an undertaking to execute transactions consisting in the conditional and/or unconditional purchase of treasury bills or bonds from the Client’s portfolio on defined terms with regard to price and execution. The requested financing will be provided to the Client after the Client obtains all relevant corporate authorisations and the parties sign a relevant agreement. Should the transaction be effected, the Bank will issue a separate report notifying thereof. The execution a facility letter causes the fulfilment of the conditions necessary for providing notification of the conclusion, by the Bank, of a significant agreement, as the value of the performance arising from the aforementioned agreement meets the criteria referred to in paragraph 2.1.44 letter a) of the Regulation 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.
