Report No. 14/2008

Legal basis:

Paragraph 5.1.21 of the Ordinance of the Minister of Finance on current and periodical information provided by issuers of securities of 19 October 2005

The report:

The Management Board of Powszechna Kasa Oszczędności Bank Polski Spółka Akcyjna (“PKO BP SA”) informs that following persons resigned from the position of the members of PKO BP SA Supervisory Board as of 26 February 2008:

1. Marek Głuchowski
2. Agnieszka Winnik-Kalemba
3. Tomasz Siemiątkowski
4. Jerzy Michałowski

The Management Board of PKO BP SA informs that Urszula Pałaszek resigned from the position of the Deputy Chairman of PKO BP SA Supervisory Board as of 25 February 2008.