Not for distribution, directly or indirectly, within the territory of or to the United States of America, Australia, Canada or Japan Legal basis: Article 56.1.1 of the Act on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organised Trading, and Public Companies dated 29 July 2005 – confidential information. The report: The Management Board of Powszechna Kasa Oszczędności Bank Polski Spółka Akcyjna (the “Bank”) hereby announces that it has received letters from the State Treasury (“ST”) and Bank Gospodarstwa Krajowego (“BGK”) advising it that the ST and BGK resolved to abandon the joint sale of the shares in the Bank by way of a secondary public offering as well as to discontinue any work on such offering. This material has been prepared in accordance with the requirements of Article 56, section 1 of the Act on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organised Trading and Public Companies dated 29 July 2005 and is for information purposes only and under no circumstances may it be regarded as an offer to purchase securities of Powszechna Kasa Oszczędności Bank Polski S.A. (the “Bank”). The Prospectus drawn up in connection with the admission and introduction of the Bank’s securities to trading on the Warsaw Stock Exchange (“WSE”) (the “Prospectus”) will constitute the only legally binding offering document containing information about the Bank and the admission and introduction to trading of the Bank’s securities (the “Admission”). The Bank will be free to conduct the Admission once the Prospectus has been approved by the Polish Financial Supervision Authority, the authority that oversees the capital market in Poland, and published. In connection with the Admission, the Bank will make the Prospectus available on its website (www.pkobp.pl) and on the website of the Offering Agent, Dom Maklerski PKO Banku Polskiego (www.dm.pkobp.pl). These materials are not for distribution, directly or indirectly, in or into the United States, or in other countries where the public dissemination of the information contained herein may be restricted or prohibited by law. The securities referred to in these materials have not been and will not be registered under the U.S. Securities Act of 1933 and may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act of 1933.
