Current Report No. 109/2016: Subsidiary wins tender for a debt portfolio on the Spanish market

The Management Board of KRUK S.A. (the “Company”) announces that on 22nd November 2016 it was notified that its subsidiary, InvestCapital Malta Ltd., Malta, had won the tender to purchase an retail unsecured debt portfolio on the Spanish market. The portfolio’s face value is approximately EUR 183m (or PLN 807m at the mid-rate quoted by the National Bank of Poland for 22nd November 2016). The relevant agreement related to the tender will be announced by the Company promptly after its execution in a separate report.