Current Report No. 97/2016

Date of the report: October 18th 2016

Subject: Allotment of unsecured bearer bonds of KRUK S.A.

Legal basis: Art. 17.1 of MAR - Inside information

Text of the report:

Further to Current Report No. 95/2016 of October 14th 2016 on the issueof bonds, the Management Board of KRUK S.A. (the "Company", the"Issuer") announces that on October 18th 2016 it became aware ofsuccessful placement by the Dealer, acting on behalf of the Issuer, ofthe Series AA4 and AA5 unsecured bearer bonds (the "Bonds") and theirentry in the Depositary Register. Based on the information, theCompany's Management Board concluded that the Bond issue was successfuland that 75,000 Bonds Series AA4 and 75,000 Bonds Series AA5 had beenallotted, each with a nominal value per bond equal to the issue price ofPLN 1,000 (with a total value amounting to PLN 150m). The interest rateon Series AA4 Bonds has been set at the WIBOR rate for three-monthinter-bank deposits plus 3.25 percentage points per year, while theinterest rate on Series AA5 Bonds has been set at the WIBOR rate forthree-month inter-bank deposits plus 2.5 percentage points per year.