Current Report No. 4/2017

Date of the report: January 5th 2017

Subject: Resolution of the WSE Management Board to introduce Series AF1bonds to trading

Legal basis: Art. 56.1.2 of the Public Offering Act - Current andperiodic information

Text of the report:

Further to Current Report No. 119/2016 of December 15th 2016 on theregistration of Series AF1 bonds of KRUK S.A. (the "Company") with theCentral Securities Depository of Poland, the Management Board of theCompany announces that on January 5th 2017 the Management Board of theWarsaw Stock Exchange (the "WSE") passed Resolution No. 14/2017 on theintroduction of Series AF1 bearer bonds of the Company to trading on theCatalyst market ("Resolution ").

By Resolution, the Management Board of the WSE, acting pursuant to Par.38.1 and 38.3 of the WSE Rules as well as Par. 2.1 of Division 4 of theDetailed Exchange Trading Rules in the UTP System, decided that:

1. as of January 10th 2017, 400,000 Series AF1 bearer bonds of theCompany, with a nominal value of PLN 100 per bond, assigned by theCentral Securities Depository of Poland code no. PLKRK0000481, beintroduced to trading on the main market by way of the ordinaryprocedure;

2. the bonds referred to above be listed in the continuous tradingsystem under ticker symbol KRU1221

Detailed legal basis: Par. 34.1.3 of the Regulation of the Minister ofFinance of February 19th 2009 on current and periodic information [...]