Current Report No. 34/2014: Expenditure on debt portfolios purchased by the KRUK Group in Q2 2014

Date of the report: July 10th 2014

Subject: Expenditure on debt portfolios purchased by the KRUK Group in Q2 2014

Legal basis: Art. 56.1.2 of the Public Offering Act – current and periodic information

Text of the report:

In connection with the disclosure policy launched and described in Current Report No. 39/2012 of October 10th 2012, the Management Board of KRUK S.A. (the “Company”) announces that on July 10th 2014 it passed a resolution specifying the nominal value of debt portfolios purchased and expenditure incurred by KRUK Group companies in Q2 2014.  The total expenditure incurred by the KRUK Group (the “Group”) to purchase debt portfolios in Poland and abroad in Q2 2014 amounted to PLN 44m, while the nominal value of the debt purchased by the Group in the period amounted to PLN 657m. In comparison, the total expenditure on debt portfolios purchased by the Group in Poland and abroad in Q2 2013 was PLN 135m, with the nominal value of the debt amounting to PLN 1.3bn.

The total expenditure incurred by the KRUK Group to purchase debt portfolios in H1 2014 was PLN 313m, while the nominal value of the debt purchased by the Group in the period amounted to PLN 1,68bn. In comparison, the total expenditure incurred on debt portfolios purchased by the Group in Poland and abroad in H1 2013 was PLN 184m, with the nominal value of the debt amounting to PLN 1.64bn.

The Company further announces that details concerning the financial results of the Company and the Group in Q2 2014 will be given in the consolidated interim report for H1 2014, scheduled for publication on September 1st 2014.

Detailed legal basis: Par. 5.1.25 of the Regulation of the Minister of Finance of February 19th 2009 on current and periodic information to be published by issuers of securities […].