Current reports

The Management Board of Powszechna Kasa Oszczędności Bank Polski Spółka Akcyjna hereby informs that on 25 January, 2006 the Bank entered into a bank guarantee agreement with one of the PKO BP S.A. clients (the “Client”). The object of the bank guarantee agreement consists in granting, upon the Client’s request, a guarantee in favour of the Customs Office as an excise duty security required under Article 43.1 of the Excise Duty Act of 23 January, 2004, in the amount of PLN 309 million.

The Management Board of PKO BP SA hereby informs that on 24 January 2006 it entered with Credit Suisse Asset Management Holding Europe (Luxembourg) S.A. into a conditional agreement for the sale of 45,000 registered voting preference shares of PKO/CREDIT SUISSE Towarzystwo Funduszy Inwestycyjnych S.A. with its seat in Warsaw of the nominal value of PLN 100 each.

The Management Board of PKO BP SA hereby informs of the dates of periodical financial statements release in 2006

The Management Board of PKO BP SA hereby informs that on 22 December 2005 the Bank entered into a syndicated loan agreement with one of the PKO BP S.A. clients (the “Borrower”).

The Management Board of PKO BP SA hereby informs that on 22 December 2005 it notified the Securities and Exchanges Commission of the intention of PKO BP SA to purchase from Credit Suisse Asset Management Holding Europe (Luxembourg) S.A. 45,000 registered voting preference shares in PKO/CREDIT SUISSE TFI S.A., representing 25% of votes at the Towarzystwo General Meeting

The Management Board of PKO BP SA informs that on 13th December, 2005 it received yesterday from Minister of State Treasury representing the State Treasury of the Republic of Poland information that from the first day eligible employees were entitled to acquire shares, i.e. 6th of April 2005 till 30th of November 2005 the State Treasury had disposed to eligible employees for no consideration, 103,563,431 shares of PKO BP SA, representing 10.36% of the aggregate number of shares, entitling to 103,563,431 votes, i.e. 10.36% of the aggregate number of votes at the General Meeting of Shareholders of the Bank.