Dividend Declaration

UNOFFICIAL TRANSLATION

Management Board of Bank Polska Kasa Opieki Spółka Akcyjna ("Bank") hereby informs, that on 1st June, 2012 the Ordinary General Meeting of the Bank made the Resolution regarding the dividend payment for year 2011:

1) the amount of 1,412,088,782.92 zł PLN from net profit of Bank for 2011 (say: one billion four hundred twelve million eighty-eight thousand seven hundred eighty-two 92/100 PLN) is allocated as dividend,

2) the dividend value per on one share amount 5.38 PLN, which translates into dividend pay-out rate of 49.96% of the net profit of the Bank for 2011,

3) on day of convening of the Ordinary General Meeting convening total number of shares amounted to 262, 383,129 shares,

4) the date of dividend's day has been fixed on 19th June, 2012 and the dividend's pay-out day has been fixed on 4th of July, 2012.

Legal base:

§ 38 sect. 2 of the Ordinance of the Minister of Finance, dated 19 February 2009 re: current and periodical information submitted by the issuers of securities and conditions of considering as equal the information required by the legal provisions of the non-member country (Journal of Law No 33, item 259 with subsequent amendments)