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

Jun 16, 2016

Current Report No. 57/2016

Date of the report: June 16th 2016

Subject: Conditional registration of Series E shares in 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 on June16th 2016 it was notified that the Management Board of the CentralSecurities Depository of Poland (the "CSDP"; Krajowy Depozyt PapierówWartościowych S.A.), by virtue of resolution No. 396/16 of June 16th2016 , resolved to register 228,470 Series E ordinary bearer shares ofKRUK S.A., with a par value of PLN 1.00 per share, issued as part of aconditional share capital increase under Resolution No. 1/2011 of theExtraordinary General Meeting of KRUK S.A. dated March 30th 2011, in theCentral Securities Depository of Poland and to assign to them ISIN codeNo. PLKRK0000010, on condition that the operator of the regulated marketagrees to introduce the shares to trading on the regulated market onwhich other Company shares are traded under ISIN code No. PLKRK0000010.

The shares will be registered in CSDP within three days of the receiptby CSDP of documents confirming the adoption by the regulated marketoperator of a decision to introduce the shares to trading on thatregulated market, however not earlier that on the date specified in thedecision as the date of introduction of the shares to trading on thatmarket.

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