Kruk S.A. — Director's Dealing 2016

Mar 30, 2016

Current Report No. 21/2016

Date of the report: March 30th 2016

Subject: Information received under Art. 160 of the Act on Trading inFinancial Instruments

Legal basis: Art. 160.4 of the Act on Trading in Financial Instruments -transactions executed by persons with access to inside information

Text of the report:

The Management Board of KRUK S.A. ("Company") announces that on March30th 2016 the Company received notifications from three members of theCompany's Management Board, given under Art. 160.1 of the Act on Tradingin Financial Instruments, to the effect that they had sold, in ordinarytransactions executed at trading sessions on the Warsaw Stock Exchange:

a) on March 29th 2016 − 8,880 shares in KRUK S.A. at the average priceof PLN 183 per share,

b) on March 29th 2016 − 6,120 shares in KRUK S.A. at the average priceof PLN 183.02 per share,

c) on March 23rd 2016 − 5,721 shares in KRUK S.A. at the average priceof PLN 184.01 per share, and on March 29th 2016 − 5,000 shares in KRUKS.A. at the average price of PLN 183 per share.

The persons to whom the notification refers have not given their consentto publish the data specified in Par. 2.1.1 of the Regulation of theMinister of Finance on the delivery and publication of information [...].