Current Report No. 86/2016: Fulfilment of condition precedent to investment project

Further to Current Report No. 45/2016 of May 20th 2016 and Current Report No. 81/2016 of July 26th 2016 on a material agreement (the “Agreement”) executed by and between KRUK S.A.’s subsidiary ProsperoCapital S.à r.l. of Luxembourg (the “Buyer”) and the following entities of the Eurobank Group: Bancpost S.A. and ERB Retail Services IFN S.A., both headquartered in Bucharest, Romania, and the Group’s Dutch subsidiary ERB New Europe Funding II B.V. of Amsterdam, the Netherlands, (the “Seller”), providing for the purchase of three portfolios of receivables with a nominal value of EUR 597m (the “Receivables”), the Management Board of KRUK S.A. (the “Company”) announces that following the fulfilment of the conditions precedent to the purchase, the purchase price was paid today and the Receivables was transferred to the Buyer.

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