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Kruk S.A. Capital/Financing Update 2016

May 25, 2016

5678_rns_2016-05-25_9fb57750-3e5c-4f0b-989c-3aadd602bc9e.html

Capital/Financing Update

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Current Report No. 48/2016

Date of the report: May 25th 2016

Subject: Registration of KRUK S.A. Series AB2 bonds with CSDP

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

Text of the report:

The Management Board of KRUK S.A. (the "Company") announces that byvirtue of Resolution No. 340/16 of May 25th 2016 the Management Board ofKrajowy Depozyt Papierów Wartościowych S.A. (the Central SecuritiesDepository of Poland, CSDP) resolved to register 1,350,000 Series AB2bearer shares of KRUK S.A., with a par value of PLN 100 per bond,maturing on May 19th 2021, issued under Management Board's ResolutionNo. 173/2015 on the Third Bond Issue Programme, dated December 30th2015, and Management Board's Resolution No. 112/2016 on the final termsand conditions of the Series AB2 Bonds, dated May 9th 2016, and toassign the Bonds ISIN code No. PLKRK0000416.

Detailed legal basis: Par. 34.1.1 of the Regulation of the Minister ofFinance of February 19th 2009 on current and periodic information [...]