Kruk S.A. — Capital/Financing Update 2016

Jun 7, 2016

Current Report No. 53/2016

Date of the report: June 7th 2016

Subject: Resolution of the WSE Management Board to introduce Series AB2bonds to trading

Legal basis: Art. 56.1.2 of the Public Offering Act - Current andperiodic information

Text of the report:

Further to Current Report No. 48/2016 of May 25th 2016 on theregistration of Series AB2 bonds of KRUK S.A. (the "Company") with theCentral Securities Depository of Poland, the Management Board of theCompany announces that on June 6th 2016 the Management Board of theWarsaw Stock Exchange (the "WSE") passed Resolution No. 567/2016 on theintroduction of Series AB2 bearer bonds of the Company to trading on theCatalyst market ("Resolution ").

By Resolution, the Management Board of the WSE, acting pursuant to Par.38.1 and 38.3 of the WSE Rules as well as Par. 2.1 of Division 4 of theDetailed Exchange Trading Rules in the UTP System, decided that:

1. as of June 8th 2016, 1,350,000 Series AB2 bearer bonds of theCompany, with a nominal value of PLN 100 per bond, assigned by theCentral Securities Depository of Poland code no. PLKRK0000416, beintroduced to trading on the main market by way of the ordinaryprocedure;

2. the bonds referred to above be listed in the continuous tradingsystem under ticker symbol KRU0521.

Detailed legal basis: Par. 34.1.3 of the Regulation of the Minister ofFinance of February 19th 2009 on current and periodic information [...]