Current reports

The Management Board of PKO BP SA informs that pursuant to § 15.7 and § 15.8 of the Bank’s Statutes, the Supervisory Board of PKO BP SA adopted on 15 September 2005 three resolutions

The Management Board of PKO BP SA informs of having received yesterday from Minister of State Treasury information according to which eligible employees have acquired from State Treasury, from the first day eligible employees were entitled to acquire shares (6th of April 2005) till 31st of August 2005, free of charge 103.365.742 PKO BP SA shares, which is 10,34% of the overall number of shares, entitled to 103.365.742 votes, which is 10,34% of the overall number of votes at the Bank’s General Meeting of Shareholders

The Management Board of PKO BP SA hereby informs that on 9 September 2005 a conditional sale agreement was executed for the sale by Powszechna Kasa Oszczędności Bank Polski SA of 50,312,200 G series shares in Wschodni Bank Cukrownictwa SA with its seat in Lublin (WBC SA), having the nominal value of PLN 1 each, to Getin Holding SA, a company not affiliated with PKO BP SA, with its seat in Wrocław

The Management Board of PKO BP SA informs of having received yesterday from Minister of State Treasury, who represents the State Treasury of the Republic of Poland, information according to which eligible employees have acquired from State Treasury, from the first day eligible employees were entitled to acquire shares (6th of April 2005) till 31st of July 2005, free of charge 101.418.752 PKO BP SA shares, which is 10,14% of the overall number of shares, entitled to 101.418.752 votes, which is 10,14% of the overall number of votes at the Bank’s General Meeting of Shareholders.

The Management Board of PKO BP SA hereby informs that on 30 August 2005 the Bank entered into 4 credit agreements with one of the PKO BP SA clients (the “Borrower”).

The Management Board of PKO BP SA hereby informs that on 17 August 2005 the Bank entered into an agreement with an affiliate of Kredyt Bank (Ukraina) S.A. for the granting of a subordinated loan of 7,000,000 US dollars with an 8-year term