Current Report No. 40/2018: Signing a commitment letter in connection with the purchase of receivables on the Spanish market

The Management Board of KRUK S.A. (the “Company”) announces that on  November 16th 2018 it was notified that its subsidiary, InvestCapital Ltd., Malta, signed today a commitment letter concerning the conclusion of the agreement (Agreement) for the purchase of receivables on the Spanish market. The receivables face value is approximately EUR 247m (or PLN 1,06bn at the mid-rate quoted by the National Bank of Poland for November 16th 2018). The Company, with a separate report, will immediately inform about the conclusion of the Agreement.