Report No. 16/2013

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 1 March 2013 the Bank received from the Ministry of State Treasury (the “MST”), for the Bank’s information,  a letter from the MST to Bank Gospodarstwa Krajowego ("BGK”), in which the MST informs BGK, that in connection with the selling off by BGK of all Bank’s shares held by BGK in January 2013 and with the losing by BGK of the status of the Bank’s shareholder (about which the Bank informed in the current report no 8/2013) the Cooperation agreement on joint exercise of ownership rights with relation to the Bank's shares (joint control) entered into on 21 April 2010 by the State Treasury and BGK (about which the Bank informed in the current report no 20/2010) expired and lost its binding force.