Komercni Banka A.S. — Earnings Release 2011

Feb 16, 2012

KB

Komerční banka, a.s. http://www.kb.cz/en

Prague 1, Na Příkope 33, building identification number 969, Post Code 114 07

Identification No.: 45 31 70 54

incorporated in the Commercial Register maintained with the Municipal Court in Prague,

section B, insert 1360

Disclosed on 16th February 2012 at 8:00 a.m. CET

Pursuant to Prague Stock Exchange Rules part III subsection 7(6)(a) and Act 256/2004 (Czech) Coll. subsections 125(1) Komerční banka, a.s. discloses obligatory published information - financial results as at 31st December 2011:

Consolidated Balance Sheet of Komerční banka, a.s. – IFRS (unaudited)

CZK million

Assets	31 Dec 2011	31 Dec 2010
Cash and current balances with national banks	16 980	13 689
Amounts due from banks	101 393	112 179
Financial assets at fair value through profit or loss	34 927	34 003
Loans and advances to customers, net	434 386	384 593
Securities available for sale	125 974	116 445
Investments held to maturity	3 359	6 712
Goodwill	3 752	3 551
Other assets	34 039	26 841
Total assets	754 810	698 014
Liabilities and shareholders’ equity	31 Dec 2011	31 Dec 2010
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Amounts due to banks	37 454	29 073
Amounts due to customers	560 700	538 051
of which: Amounts due to customers of PF KB	30 998	29 397
Financial liabilities at fair value through profit or loss	24 061	13 673
Securities issued	18 338	17 431
Subordinated debt	6 002	6 001
Other liabilities	26 404	17 706
Total liabilities	672 959	621 936
Shareholders’ equity
Share capital	19 005	19 005
Share premium and reserves	60 212	55 774
Minority interest	2 633	1 299
Total shareholders’ equity	81 850	76 078
Total liabilities and shareholders’ equity	754 810	698 014

SOCIETE GENERALE GROUP

Komerční banka, a.s., Na Příkopě 33, 114 07 Prague 1, Czech Republic

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KB

Consolidated Profit and Loss Statement of Komerční banka, a.s. – IFRS (unaudited)

CZK million

	FY 2011	FY 2010 (restated)
Net interest income	22 190	21 431
Net fees & commissions	7 305	7 725
Income from financial operations	3 157	3 135
Other income	111	95
Net banking income	32 764	32 386
Personnel expenses	-6 526	-6 076
General administrative expenses	-5 155	-4 967
Depreciation, impairment and disposal of fixed assets	-1 809	-1 624
Total operating expenses	-13 490	-12 666
Gross operating income	19 274	19 720
Provision for loan losses	-1 988	-3 115
Provision for losses on securities	-5 355	8
Provision for other risks expenses	19	7
Cost of risk	-7 325	-3 100
Net operating income	11 949	16 620
Net profit / (loss) from subsidiaries and associates	81	75
Share of profit of pension scheme beneficiaries	-575	-621
Profit/(loss) before income taxes	11 455	16 075
Income taxes	-1 738	-2 665
Profit/(loss) for the period before minority interest	9 717	13 410
Profit attributable to the Bank’s equity holders	9 475	13 330
Minority profit / (loss)	243	80
Net profit/(loss) per share (in CZK, annualized)	249,97	351,20

Presentation and comments of 4Q2011 results will be soon available at the Web site: http://www.hemscott.com/

SOCIETE GENERALE GROUP

Komerční banka, a.s., Na Příkopě 33, 114 07 Prague 1, Czech Republic