Report No. 8/2006

Legal basis:

Paragraph 5.1.21 of the Ordinance of the Minister of Finance on current and periodical information provided by issuers of securities dated 19 October 2005

The report:

With reference to the Current Report no. 7/2006 The Management Board of Powszechna Kasa Oszczędności Bank Polski Spółka Akcyjna informs that on 9 March 2006 Mr Piotr Kamiński has been appointed to the position of the Deputy President of the Bank Pocztowy S.A. Management Board. Consequently, the Supervisory Board of PKO BP SA has accepted as of this day his resignation as a member of the Management Board of PKO BP SA.