Report No. 17/2010

Legal grounds: 

Paragraph 5.1.3 of the Ordinance of the Minister of Finance of 19 February 2009 on current and periodic information published by issuers of securities and the conditions for regarding information required by the law of a non-member state as equivalent. 

The report: 

The Management Board of Powszechna Kasa Oszczędności Bank Polski Spółka Akcyjna ("PKO Bank Polski S.A." or "Bank") hereby informs that on 31 March 2010 Bank entered into – with one of the PKO Bank Polski S.A. clients ("Client") – annex No.1 to the agreement on organization, managing and handling of subordinated bonds issue facility for an amount up to PLN 350,000,000 (in words: three hundred fifty million złoty) – concluded on 1 March 2010 (Current Report No. 12/2010 dated 1 March 2010). In accordance with the annex period of guarantee validity to purchase bonds issued under the programme has been extended to 30 April 2010.