The consolidated financial statements of the PKO Bank Polski SA Group have been prepared on the basis that the Group will continue as a going concern during a period of 12 months from the issue date, i.e. since 5 March 2012.

As at the date of signing these consolidated financial statements, the Bank’s Management Board is not aware of any facts or circumstances that would indicate a threat to the continuing activity of the PKO Bank Polski SA Group for 12 months following the issue date as a result of any intended or compulsory withdrawal or significant limitation in the activities of the PKO Bank Polski SA Group.