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 on 28 January 2008, PKO Inwestycje Sp. z o.o. with its seat in Warsaw acquired from a natural person, through a sale agreement 40 shares in Baltic Dom 2 Sp. z o.o. having the nominal value of PLN 500 each, i.e., a total nominal value of PLN 20,000 which constitutes 40% of the share capital of Baltic Dom 2 Sp. z o.o. Moreover on 28 January 2008 PKO Inwestycje Sp. z o.o. acquired from Baltic Dom Sp. z o.o with its seat in Warsaw, through a sale agreement 10 shares in Baltic Dom 2 Sp. z o.o. having the nominal value of PLN 500 each, i.e., a total nominal value of PLN 5,000 which constitutes 10% of the share capital of Baltic Dom 2 Sp. z o.o. The purchase price for the shares was PLN 5,940,000. PKO BP SA owns 100% of shares in PKO Inwestycje Sp. z o.o. Sellers are not related to PKO BP SA or PKO Inwestycje Sp. z o.o. The purchase is a long time investment and was financed with PKO Inwestycje Sp. z o.o. own funds. As a result of the above transactions PKO Inwestycje Sp. z o.o. holds 50% of shares and voting rights in Baltic Dom 2 Sp. z o.o. The assets purchased are considered significant because their value exceeds 20% of the share capital of Baltic Dom 2 Sp. z o.o.
