Report No. 35/2011

Legal grounds:

Paragraph 38.1.7 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 SA”) hereby publishes the content of the resolutions adopted by the Bank’s Ordinary General Meeting convened for 30 June 2011. The content of the resolutions is attached as an enclosure to this report. During the General Meeting, objections were raised against all adopted resolutions. Also, the Management Board of PKO Bank Polski SA informs that the Resolutions No. 28/2011, No. 36/2011 and 39/2011 was not adopted.