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Purchase of pre-emptive bonds

23rd Mar 2007 17:09

Bank Pekao SA23 March 2007 UNOFFICIAL TRANSLATION Report 43/2007: Purchase of pre-emptive bonds issued by Bank Management Bard of Bank Polska Kasa Opieki Spolka Akcyjna ("Bank") informs, thaton 22nd of March, 2007 Bank acquired totally 95,308 Series B bonds with priorityrights to take-up Bank's ordinary bearer shares Series F ("Bonds"), issued bythe Bank on the base of Resolution No. 6 of Bank Polska Kasa Opieki SpolkaAkcyjna Extraordinary General Meeting of Shareholders on 25th of July, 2003concerning issuance of Series A, B, C and D registered Bonds with priorityrights to take up Bank's Series F and G shares and exclusion of pre-emptiverights of registered bonds Series A, B, C and D with priority rights to Bank'sshares, as a part of execution of Motivation Program for the members ofmanagement bodies, managers and employees of Bank Pekao capital group, key forimplementation of Bank's strategy, established by the Resolution No. 5 ofExtraordinary General Meeting of Shareholders on 25th of July, 2003 ("MotivationProgram") from persons participating in Motivation Program, in accordance withsection 2.8.1. of Conditions of Issue Series B Bonds, adopted by Resolution ofManagement Board of Bank No 40/III/05 dated 30 March 2005 r., for repurchase inaccordance with priority rights to take up Bank's series F resulting from Bondsfor redemption. Purchase price is equal to nominal value of Bonds and amounted to 0.01 zloty foreach Bond. Legal basis: Section 5 subsection 1 clause 6 in connection with section 12 Decree of theOrdinance of the Minister of Finance, dated 19 October 2005 re: current andperiodical information submitted by the issuers of securities This information is provided by RNS The company news service from the London Stock Exchange

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