Current reports

The Management Board of Powszechna Kasa Oszczędności Bank Polski Spółka Akcyjna hereby informs of the dates of periodical financial statements release in 2005...

Pursuant to § 58.3 Ordinance of the Council of Ministers on current and periodical information provided by issuers of securities dated 16 October 2001, the Management Board of Powszechna Kasa Oszczędności Bank Polski Spółka Akcyjna hereby declares its intention to submit in 2005 consolidated semi- annual report for the first half of 2005 with an abbreviated semi – annual financial statement.

The Management Board of Powszechna Kasa Oszczędności Bank Polski Spółka Akcyjna hereby informs that on 30 and 31 December 2004 the Bank concluded 16 agreements each of which meets the definition of a significant agreement contained in (defined in paragraph 2 item .2 of the Ordinance of the Council of Ministers on current and periodical information provided by issuers of securities dated 16 October 2001, Decree of the Council of Ministers on current and periodical information provided by issuers of securities of 16 October 2001) -i.e., two creditcredit agreements and two appendixes to the credit agreement concluded between the Bank and with one of the PKO BP SA clients (each the “CreditorBorrower”) Bankowy Fundusz Leasingowy SA which is linked entity (100% shares are owned by PKO BP SA) .

The Management Board of Powszechna Kasa Oszczędności Bank Polski Spółka Akcyjna hereby informs that on 17th December 2004 the Bank signed Annexe 1 to the Agreement for Delivery and Implementation of the Integrated IT System (IITS) dated 18th August, 2003 between PKO BP SA and Accenture Sp z o.o., Alnova Technologies Corporation S.L. and Softbank S.A. acting as Consortium.

The Management Board of Powszechna Kasa Oszczędności Bank Polski Spółka Akcyjna hereby informs that on 13 December 2004, the Bank received from Credit Suisse First Boston (Europe) Limited (“CSFB”) a Notice on Termination of the Stabilisation Period, pursuant to which CSFB has not effected any Stabilising Transactions within the Stabilisation Period which ended on December 10, 2004

The Management Board of Powszechna Kasa Oszczędności Bank Polski Spółka Akcyjna hereby informs that on 7 December 2004 the Bank concluded two credit agreements with one of the PKO BP SA clients (each the “Borrower”).