Kruk S.A. — Share Issue/Capital Change 2016

Dec 27, 2016

Current Report No. 128/2016

Date of the report: December 27th 2016

Subject: CSDP passes resolution to register allotment certificates toSeries G shares

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 onDecember 27th 2016 it received Resolution No. 890/16 of the ManagementBoard of the Central Securities Depository of Poland ("CSDP"), datedDecember 27th 2016, to register with the Central Securities Depositoryof Poland 1,000,000 allotment certificates to the Company's Series Gshares with a par value of PLN 1 per share and assign them ISIN codePLKRK0000499, provided that the Warsaw Stock Exchange decides tointroduce the allotment certificates to trading on the regulated marketon which the Company shares assigned ISIN code PLKRK0000010 are listed.

The allotment certificates to Series G shares will be registered withthe Central Securities Depository of Poland within three days from thereceipt by the Central Securities Depository of Poland of the decisionto introduce the allotment certificates to trading on the regulatedmarket referred to above, but in no case earlier than on the datespecified in that decision as the date of introducing the allotmentcertificates to trading on that market.

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