Legal basis: Art. 70 (1) 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 ("Bank") hereby informs that on 26 April 2010 they received from the Ministry of State Treasury, a notification concerning a cooperation agreement entered into on 21 April 2010 by the State Treasury and Bank Gospodarstwa Krajowego ("BGK"), with its registered seat in Warsaw on joint exercise of ownership rights with relation to the Bank's shares ("Notification") – which Bank informed about in current report No. 20/2010. According to the Notification, the State Treasury owns 512 406 277 shares, which constitute 40.99% of the Bank's share capital and entitle to 512 406 277 votes at the general shareholders meeting; the votes constitute 40.99% of the total number of votes of the Bank's shareholders. BGK owns 128 102 731 series D shares, which correspond to 10.2482% of the Bank's share capital and entitle to 128 102 731 votes at the general shareholders meeting; the votes constitute 10.2482% of the total number of votes of the Bank's shareholders. Jointly, the State Treasury and BGK own 640 509 008 shares, which constitute 51.24% of the Bank's share capital and entitle to 640 509 008 votes at the general shareholders meeting; the votes constitute 51.24% of the total number of votes of the Bank's shareholders. In the Notification, the State Treasury also states that they have no intention of further increasing their share in the total number of votes within the period 12 months from the day of the Notification's delivery and that the State Treasury's subsidiaries do not own any shares in the Bank. The Notification also informs that the State Treasury has not concluded any agreements with third parties which would confer on the State Treasury the right to exercise the right of vote.
