Report No. 32/2010

Legal basis:

Paragraph 5.1.21 of the Regulation of the Minister of Finance dated 19 February 2009 on current and periodic information published by issuers of securities and on the conditions under which such information may be recognized as being equivalent to information required by the regulations of law of a state which is not a member state

The report:

The Management Board of Powszechna Kasa Oszczędności Bank Polski Spółka Akcyjna (“PKO Bank Polski S.A.”) informs that on 21 July 2010 Mr. Mariusz Zarzycki resigned from the position of the Vice – President of PKO Bank Polski S.A. Management Board as of 31 July 2010.