Current Report No. 24/2018

Date of the report: July 9th 2018

Subject: Decision to undertake review of strategic growth options.

Legal basis: Art. 17(1) of MAR - Inside information

Text of the report:

The Management Board of KRUK S.A. (the "Management Board", the"Company") announces that on July 9th 2018 it resolved to undertake areview of strategic growth options for the Company's Group (the"Group"). The purpose is to select the best strategic option for theCompany to deliver its long-term objective of growing the Group into aleading player on the European debt management market and making itachieve a significant position in Western Europe and elsewhere throughorganic growth and acquisitions. At the current stage, various strategicscenarios will be considered by the Management Board, particularly theone to attract an international financial partner, execute a differentlystructured transaction, or not to do any of the foregoing. In the nearfuture, the Management Board plans to enter into an agreement with afinancial adviser, who would support it in performing the review. Nodecisions to select a specific strategic option have yet been made bythe Management Board, and it is not certain if and when any suchdecisions would be made. Any updates on the review process will bepublicly communicated by the Management Board in accordance withapplicable laws.