Report No. 39/2007

Legal basis:

Paragraph 5.1.22 of the Ordinance of the Minister of Finance on current and periodical information provided by issuers of securities dated 19 October 2005

The report:

Referring to the current report no. 27/2007 the Management Board of Powszechna Kasa Oszczędności Bank Polski Spółka Akcyjna informs that on 8 August 2007 the Commission for Banking Supervision approval Mr. Rafał Juszczak to the President of Powszechna Kasa Oszczędności Bank Polski Spółka Akcyjna Management Board.