Current Report No. 40/2017: Correction of Q1 2017 report

The Management Board of KRUK S.A. (the Company) hereby publishes a correction of the extended consolidated quarterly report for Q1 2017 issued by the Company on April 27th 2017. The correction is due to the change of functional currency from PLN to EUR at the subsidiary InvestCapital Malta Ltd. (InvestCapital) as of January 1st 2017. The change followed from an assessment of the currency of the primary economic environment in which InvestCapital operates (functional currency). In the assessment, the InvestCapital Management Board followed its own judgement in order to establish a functional currency that reflects the growing share of investment and financing denominated in the euro. A detailed description of the changes is presented in Appendix 1 to this report. 
Legal basis: Par. 6.4 of the Regulation of the Minister of Finance of February 19th 2009 on current and periodic information […]