25.11.2011 Current report no. 60/2011The Management Board of BRE Bank SA (the "Bank") announces that within the last 12 months, subsidiaries of the Bank's Group have concluded with one of the Bank's clients, the company operating in the gas industry (the "Company"), and its subsidiaries, a number of agreements totaling PLN 753,100,000.The largest agreements from the aforementioned ones were the agreements of June 2010 on issuing and underwriting the take-up of the Company bonds (the "Agreements") into which the Bank entered on 25 November 2011.The maximum nominal value of the bonds which the Bank undertook to take up as a result of entering into the Agreements is PLN 616.5 million.The redemption deadline for the bonds taken up by the Bank under the guarantee obligation is 31 July 2015.Interest on the bonds as well as the conditions of the Bank's compensation were set under market conditions.The aforementioned agreement provides for standard for that type of agreements conditions of fulfillment of the Bank's obligation to take up bonds issued by the Company as well as for standard for that type of agreements provisions allowing for termination of the agreement.The agreement provides for no contractual penalties.The total value of the aforementioned agreements exceeds 10% of the Bank's equity.