Current Report No. 86/2016

Date: August 16th 2016

Subject: Fulfilment of condition precedent to investment project

Legal basis: Art. 17.1 of MAR - Inside information

Text of the report:

Further to Current Report No. 45/2016 of May 20th 2016 and CurrentReport No. 81/2016 of July 26th 2016 on a material agreement (the"Agreement") executed by and between KRUK S.A.'s subsidiaryProsperoCapital S.à r.l. of Luxembourg (the "Buyer") and the followingentities of the Eurobank Group: Bancpost S.A. and ERB Retail ServicesIFN S.A., both headquartered in Bucharest, Romania, and the Group'sDutch subsidiary ERB New Europe Funding II B.V. of Amsterdam, theNetherlands, (the "Seller"), providing for the purchase of threeportfolios of receivables with a nominal value of EUR 597m (the"Receivables"), the Management Board of KRUK S.A. (the "Company")announces that following the fulfilment of the conditions precedent tothe purchase, the purchase price was paid today and the Receivables wastransferred to the Buyer.