Current Report No.: 39/2013: Changes in the KRUK Supervisory Board

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

Text of the report:

The Management Board of KRUK S.A. (the “Company”) reports that on May 31st 2013 the Company received a resignation letter from Mr Dariusz Prończuk, Chairman of its Supervisory Board, stating that he resigned from membership of the Company Supervisory Board with effect as of July 31st 2013.

As the reason for his resignation, Mr Dariusz Prończuk cited the fact that Polish Enterprise Fund IV - a fund managed by Enterprise Investors Sp. z o. o., in which Mr Dariusz Prończuk is a Managing Partner, had ceased to be the Company's shareholder having sold its entire holding of KRUK shares.

In view of the foregoing, the Management Board intends to include the appointment of a new member of the Supervisory Board in the agenda of the forthcoming Annual General Meeting of KRUK S.A.