BRE Bank S.A. and its Euro Medium Term Note Programme (EMTN) assigned \BBB+ / A-2\" ratings by Standard & Poor&#8217|s Rating Services"

Current Report No. 53/2013The Management Board of BRER Bank S.A. hereby informs that on 6 June, 2013 Standard &| Poor&rsquo|s Rating Services (S&|P&rsquo|s) assigned the following counterparty credit rating for BRE Bank S.A.:- |long-term counterparty credit rating &lsquo|BBB+&rsquo| (in the scale: AAA, AA, A, BBB, BB, B, CCC, CC, R, SD i and D| the ratings from &apos|AA&apos| to &apos|CCC&apos| may be modified by the addition of a plus (+) or minus (-) sign to show relative standing within the major rating categories) |- |short-term counterparty credit rating &bdquo|A-2&rdquo| | (in the scale: A-1, A-2, A-3, B, C, R, SD and D).The long-term rating outlook is negative which mirrors the negative S&|P&rsquo|s outlook on BRE Bank&rsquo|s dominant shareholder - Commerzbank AG. S&|P&lsquo|s assigned also rating for the Euro Medium Term Note Programme at &lsquo|BBB+ / A-2&rsquo| which corresponds to BRE Bank&rsquo|s rating. The rating was solicited by BRE Bank S.A. Up to now BRE Bank had &bdquo|BBBpi&rdquo| rating based on publicly available information.The rating on BRE Bank reflects S&|P&rsquo|s &lsquo|bbb-&lsquo| anchor applied for all commercial banks operating in Poland and the agency&rsquo|s view on among others BRE Bank&rsquo|s &lsquo|adequate&rsquo| business position, &lsquo|adequate&rsquo| capital and earnings, &lsquo|adequate&rsquo| risk position and liquidity. The stand-alone credit profile (SACP) is &lsquo|bbb-&lsquo|. BRE Bank&rsquo|s long-term rating benefits from potential support from Commerzbank AG. S&|P&rsquo|s considers BRE Bank as a &lsquo|strategically important&rsquo| subsidiary for the parent bank.

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