Notification by UniCredit

UNOFFICIAL TRANSLATION

The Management Board of Bank Polska Kasa Opieki Spółka Akcyjna ("Bank") informs that the Bank received the notification from UniCredit S.p.A. with its registered office in Milan ('UniCredit"), about decreasing of the total number of votes at the General Meeting of the Bank as the result of the sale of 23,936,267 shares in the Bank constituting 9.12% in the total number of votes at the General Meeting of the Bank, through a sale order executed on 31st January, 2013 via off-session transactions concluded on the Warsaw Stock Exchange S.A. according to the Secondary Placing Agreement made on 29th January 2013r.

Prior to the sale, the UniCredit owned 155,433,755 shares in the Bank, constituting 59.22% of the overall number of shares in the Bank, corresponding to the same number and percentage of votes at the General Meeting of the Bank.

Currently, the UniCredit holds 131,497,488 shares in Bank, i.e. 50.10% of the overall number of shares in the Bank, corresponding to the same number and percentage of votes at the General Meeting of the Bank.

UniCredit stated that none of the subsidiaries of UniCredit holds shares in Bank and UniCredit has not entered into an agreement the subject matter of which would be transfer of the entitlement to exercise voting rights from the shares held by UniCredit in Bank.

Legal basis: Par. 70 section 1 of the Act of July 29, 2005 on Public Offerings and Conditions Governing the Introduction of Financial Instruments to an Organized System of Trading, and on Public Companies.