Purchase of Bonds with priority right

UNOFFICIAL TRANSLATION

Report 56/2012: Purchase of Bonds with priority right to take up shares issued by the Bank

The Management Bard of Bank Polska Kasa Opieki Spółka Akcyjna ("Bank") informs, that on 24th of September, 2012 Bank acquired 5 662Series D registered Bonds with priority right to take up Bank's Ordinary Bearer Shares G Series ("Bonds"), issued by the Bank on the basis of "Resolution No. 6 of the Extraordinary General Meeting of Bank Polska Kasa Opieki Spółka Akcyjna dated 25th of July, 2003 concerning issuance of Series A, B, C and D registered Bonds with priority right to take up Bank's shares, exclusion of pre-emptive right Bank's shares Series F and G and exclusion of pre-emptive right of registered bonds Series A, B, C and D with priority right to take up Bank's shares", as a part of execution of Motivation Program for the members of management bodies, managers and employees of Bank Polska Kasa Opieki Spółka Akcyjna capital group, key for implementation of Bank's strategy, created by the Resolution No. 5 of Extraordinary General Meeting of Bank Polska Kasa Opieki Spółka Akcyjna dated 25th of July, 2003("Motivation Program") from person participating in Motivation Program, in accordance with p. 2.8.1. of Conditions of Issue Series D Bonds, adopted by Resolution of the Management Board of the Bank No 40/III/05 dated 30th of March 2005, on his/her request for repurchase, in accordance with priority right to take up Bank's Series G Shares resulting from Bonds for redemption.

Purchase price is equal to nominal value of Bonds and amounted to 0,01 zloty for each Bond.

Legal basis:

Section 5 subsection 1 clause 6 in connection with section 12 of the Finance Minister's Ordinance of the 19th of February 2009 regarding current and periodic reports published by the issuers of securities and the rules of equal treatment of the information required by the laws of non-member states.