General Meeting

The Management Board of Powszechna Kasa Oszczędności Bank Polski Spółka Akcyjna ("PKO Bank Polski SA") hereby announces that on 25 June 2010 the Ordinary General Meeting PKO Bank Polski SA, was notified that on the basis of § 11.1 of the Bank’s Articles of Association, the State Treasury, as the Authorised Shareholder decided that the Supervisory Board is composed of 8 members.

Moreover, the Management Board of Powszechna Kasa Oszczędności Bank Polski Spółka Akcyjna hereby informs pursuant to Art. 385§1 of the Companies and Partnerships Code, that the PKO Bank Polski SA Ordinary General Meeting on 25 June 2010 appointed Mr. Piotr Marczak as the PKO Bank Polski SA Supervisory Board member.
Under the adopted resolutions Mr. Piotr Marczak was appointed with effect as of 25 June 2010.

The information about the appointed Supervisory Board member:

Piotr Marczak
46 years old. He is a graduate of the Warsaw School of Economics (formerly the Main School of Planning and Statistics). Since 1992, he has worked in the Ministry of Finance, where he started in the Financial Policy, Analyses and Statistics Department. At present, Mr Piotr Marczak holds position of the Director of the Public Debt Department, and his main responsibilities include, inter alia, preparation of the public debt management strategy in the public finance sector, participation in the management of the state budget liquidity, including foreign currency liquidity management. The candidate is the author of several dozen studies and articles on the public debt and treasury securities market in Poland. Also, he was a lecturer at the Lower Silesian School of Banking. Currently, he is a member of the Supervisory Board of the Polskie Koleje Linowe S.A. company. In the past, he was a member of supervisory boards of, among others, Bank Gospodarstwa Krajowego, Huta Będzin S.A., and Huta Stalowa Wola S.A.

The Management Board of PKO Bank Polski SA informs:


Mr. Piotr Marczak declared that:
- does not conduct any business outside of PKO Bank Polski SA competitive to the business of PKO Bank Polski SA,
- does not participate in any business competitive in respect of PKO Bank Polski SA as a partner in a partnership,
- is not a member of a governing body of a company competing with PKO Bank Polski SA or a member of any other legal person competing with PKO Bank Polski SA,
- is not registered in the Register of Insolvent Debtors.