Current Report No. 33/2017: Claim assignment agreement executed on the Italian market

Further to Current Report No. 31/2017 of June 1st 2017, the Management Board of KRUK S.A. (the Company) announces that today, June 19th 2017, the Company’s subsidiary ItaCapital s.r.l. of Milan ( the Buyer) has signed binding agreement (Agreement) with Deutsche Bank S.p.A. of Milan. The Agreement provides for the acquisition of unsecured consumer loan debt with a total nominal value of approximately EUR 131.7m (PLN 555m, translated at the mid-exchange rate quoted by the National Bank of Poland for June 19th 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.