Legal grounds: Art 56.1.2 of the of the Act on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organised Trading and Public Companies, dated 29 July, 2005. The report: The Management Board of Powszechna Kasa Oszczędności Bank Polski Spółka Akcyjna informs that on 13th December, 2005 it received yesterday from Minister of State Treasury representing the State Treasury of the Republic of Poland information that from the first day eligible employees were entitled to acquire shares, i.e. 6th of April 2005 till 30th of November 2005 the State Treasury had disposed to eligible employees for no consideration, 103,563,431 shares of PKO BP SA, representing 10.36% of the aggregate number of shares, entitling to 103,563,431 votes, i.e. 10.36% of the aggregate number of votes at the General Meeting of Shareholders of the Bank. Furthermore, until 5th December, 2005, the State Treasury allotted 3,525,412 premium shares of the Bank to entitled shareholders, representing 0.35% of the aggregate number of PKO BP SA shares, entitling to 3,525,412 votes, i.e. 0.35% of the aggregate number of votes at the General Meeting of Shareholders of the Bank. As of 5th December, 2005, the State Treasury of the Republic of Poland held 515,911,157 shares of PKO BP SA, representing 51.59% of PKO BP SA share capital and entitling to 515,911,157 votes, i.e. 51.59% of the aggregate number of votes at the General Meeting of Shareholders of PKO BP SA.
