Current Report No. 30/2017: Execution of debt assignment agreement with BRD Groupe Societe Generale S.A. on the Romanian market

Further to Current Report No. 23/2017 of May 11th 2017, the Management Board of KRUK S.A. (the “Company”) announces that today, i.e. on May 29th 2017, the Company’s subsidiary InvestCapital Malta Ltd. of Malta (“InvestCapital” or the “Buyer”) has signed a firm agreement (the “Agreement”) with BRD Groupe Societe Generale S.A. of Bucharest, Romania (the “Seller”). The Agreement provides for the purchase of a portfolio of secured and unsecured corporate debt with a total nominal value of RON 1.25bn (PLN 1.5bn at the mid exchange rate quoted by the NBP for May 29th 2017). The Agreement is subject to a condition precedent that the debts covered by the Agreement will be assigned to the Buyer upon payment of the Price. The Price has been paid today. The Agreement does not provide for any significant contractual penalties. Other terms and conditions of the Agreement do not differ from those commonly used in agreements of such type.