Current Report No. 15/2017

Date of the report: March 29th 2017

Subject: Positive assessment of the Management Board's proposal onprofit allocation and dividend payment

Legal basis: Art. 17.1 of MAR - Inside information

Text of the report:

Further to Current Report No. 14/2017 of March 28th 2017 concerning theManagement Board's dividend recommendation, the Management Board of KRUKS.A. (the "Company") announces that on March 29th 2017 the Company'sSupervisory Board passed a resolution on the assessment of theManagement Board's proposal concerning the allocation of KRUK S.A.'s netprofit for 2016 and dividend payment. The Supervisory Board issued apositive assessment of the proposal, in which the Management Boardrecommended that the 2016 net profit, increased by the amounttransferred from the reserve capital created from the profits will bedistributed as a dividend of PLN 2 per share to the Company'sshareholders. Legal basis: Par. 38.1.11 of the Regulation of theMinister of Finance of February 19th 2009 on current and periodicinformation [...]