Current Report No. 48/2013The Management Board of BRE Bank SA announces that on 3 June 2013, Dom Inwestycyjny BRE Banku SA, a subsidiary of BRE Bank SA, sold:- 8,259 C-series bonds with pre-emptive right issued by BRE Bank SA under the incentive programme for members of the Management Board of BRE Bank SA implemented based on Resolution No. 20 and No. 21 of BRE Bank SA Annual General Meeting of 14 March 2008 (the 1st Programme").- | 2,145 D-series bonds with pre-emptive right issued by BRE Bank SA under the incentive programme for key staff of BRE Bank SA Group implemented based on Resolution No. 2 and No. 3 of BRE Bank SA Extraordinary General Meeting of 27 October 2008 (the "2nd Programme").8,259 C-series bonds with pre-emptive right and 2,145 D-series bonds with pre-emptive right issued by BRE Bank SA under the 1st Programme and 2nd Programme had been purchased by DI BRE due to allocation of the bonds to DI BRE as a trustee.The aforementioned bonds were sold by DI BRE to eligible persons in order to grant them the pre-emptive right to take up ordinary bearer shares of BRE Bank SA which will be issued under the 1st Programme and 2nd Programme.The average sale price per one bond is PLN 0.01.At the same time, on 3 June, BRE Bank SA redeemed 10,404 aforementioned bonds from the eligible persons under the 1st Programme and 2nd Programme. |The provisions of Resolution No. 21 of BRE Bank SA Annual General Meeting of 14 March 2008 were the basis for redemption of these bonds from the eligible persons under the 1st Programme.The provisions of Resolution No. 3 of BRE Bank SA Extraordinary General Meeting of 27 October 2008 were the basis for redemption of these bonds from the eligible persons under the 2nd Programme.Under the 1st Programme and 2nd Programme, the redemption occurred at the price of PLN 0.01 per bond, and the bonds were purchased by BRE Bank SA for cancellation."