2006

29 Dec, 2006

Report no. 72/2006

Bank Zachodni WBK S.A. would like to advise that on 28 December 2006 (effective of 31 December 2006), Mr Declan McSweeney stepped down from his position of the Supervisory Board member without disclosing the reason for so doing.

27 Dec, 2006

Report No. 71/2006

Bank Zachodni WBK hereby informs that in 2006 it launched a Long-term Incentive Scheme “Performance Share Plan” referred to in the current report no. 11/2006 of January 26 2006.

One of the Scheme’s elements is the issue and allocation of bonds with pre-emptive rights when subscribing for the Bank’s shares. The allocation in question has been made.

The key information about the issued bonds is presented below.

purpose of the bonds issue
delivery of objectives underlying the Incentive Scheme adopted by force of Resolution no. 30 on the Incentive Scheme passed by the Issuer’s General Meeting on 4 April 2006.
defining the type of issued bonds
registered bonds, dematerialized, with a pre-emptive right to take up series H shares issued pursuant to the following resolutions passed by Bank Zachodni WBK General Meeting on 4 April 2006: no. 31 re. issue of bonds with pre-emptive rights, no. 32 re. conditional increase in the share capital and change to the Company’s Statutes and the following resolutions of the Supervisory Board: of 4 April 2006 re. adoption of the Incentive Scheme Rules, of 21 June 2006 re. defining the Award Holders as well as the act on bonds of 29 June 1995 with subsequent amendments (consolidated text: Journal of Laws 01.120.1300 as amended);
issue size
130 779 bonds;
nominal value
0.01th (one hundredth) of PLN;
issue price of bonds
0.01th (one hundredth) of PLN;
conditions of redemption and conditions underlying the payment of the interest on bonds
redemption of bonds will take place not later than on 30 November 2009 acc. to their nominal value if criteria entitling the bondholders to convert bonds to series H shares are not met earlier and the bondholders do not exercise the entitlement;
earlier redemption may also take place when:
- the Bank demands the immediate submission of Bonds for redemption if the bondholder loses the status of the Award Holder pursuant to the Rules adopted by the Issuer’s Supervisory Board as well as in other cases referred to in the Rules; in the circumstances referred to in the previous sentence; if the Bank exercises the authorization granted to it, it has no obligation to notify the bondholder about the redemption and cancellation of Bonds; otherwise the Bank is obliged to notify the bondholder about its demand in writing not later than 5 business days prior to the early redemption date;
- the bondholder submits the bonds for immediate redemption in the case of changes to the Rules or other documents governing the Scheme within 30 days of the date s/he was informed about the change.
bonds are non-interest bearing;
amount and forms of potential security and identification of an entity who provides the security
bonds are not secured and the Issuer is liable for receivables arising from bonds with all its assets;
value of raised liabilities as at the last day of the quarter preceding the proposal to buy bonds and projections of Issuer’s liabilities/obligations until the time of total redemption of bonds proposed for purchase
value of liabilities as at 30 June 2006: PLN 26 471 708k; Until the redemption of bonds issued under the Incentive Scheme, i.e. until 30 November 2009, Bank Zachodni WBK S.A. does not anticipate any material changes in the volume of obligations vs total liabilities. Potential departures will stem from the current market situation, in particular from product preferences of the existing and prospective customers of BZWBK Group and from competitiveness of deposit-type products offered by the Bank relative to products offered by competitors. The Bank will publish the value of obligations/liabilities as at the end of each calendar quarter in periodic reports - in line with legal regulations applicable in this respect and on the Bank’s internet sites.
data allowing the potential buyers of bonds to be informed about the effects of the undertaking which is to be financed with the issue of bonds and the issuer’s capacity to meet the obligations arising from the bonds if the undertaking is defined
the objective of the Bonds’ issue is to ensure the delivery of the Incentive Scheme thanks to which the Issuer expects stronger links, loyalty and identification of the Issuer’s managerial cadre with the Issuer as well motivation for them to continue their strenuous efforts for the benefit of the Issuer, its customers and shareholders;
principles of calculating/converting non-cash benefits into cash benefits
bondholders do not lose their entitlement to subscribe series H shares in the case of introducing changes to the Issuer’s Statutes (e.g. in the case of increasing the share capital) which directly impact the fulfilment of criteria for exercising entitlement; in the circumstances described above, for the purposes of the Incentive Scheme, a simulation is made to indicate the underlying position as if no changes to the Statutes had been made; when making such a simulation, the assumptions and objectives of the Incentive Scheme as well as the principle of protecting the duly acquired rights should be the guiding principles
bondholders do not lose entitlement in the event of a disposal of the entire Banking enterprise or when the Bank is taken over by another entity or when it merges with another entity; if, under the circumstances described above, the entitlements could not be exercised, bondholders acquire the right to cash or non-cash benefits to be provided by the Bank or the Bank’s legal successor, in the form as close as possible to the entitlements which cannot be exercised; the above applies accordingly in case the Incentive Scheme expires for any other reason;
payment in relation to the redemption of Bonds takes place within 30 days of submitting the Bonds to the Bank for redemption by way of a transfer of funds to a banking account indicated by the Award Holder;
all actions undertaken in situations described in the three paragraphs above should take account of the decisions taken by the Issuer’s General Meeting;
number of shares per bond
1 (one)
share issue price and manner of setting it
PLN 10 (ten)
validity and expiry dates of bondholders’ entitlement to buy the said shares
entitlements are valid as of the dates of the occurrence of the premises outlined in the Incentive Scheme referred to in the Resolution of the Issuer’s General Meeting of 4 April until 31 October 2009.

Legal grounds for the report:

Ordinance of the Finance Minister of 19 October 2005 re. current and periodic information submitted by issuers of securities - par. 5 sec. 1 item 11.

13 Nov, 2006

Report no. 70/2006

Bank Zachodni WBK S.A. Management Board Member advised the Bank that the entity in which he acts as a Supervisory Board Member bought as part of an ordinary stock exchange transactions:

on 07 November 2006 62 450 Bank Zachodni WBK S.A. shares, code PLBZ 00000044, for 210,37 PLN per share,
on 08 November 2006 3 350 Bank Zachodni WBK S.A. shares, code PLBZ 00000044, for 212,00 PLN per share.

Legal basis:

art. 160 section 4 of the Act on Trading in Financial Instruments of 29 July 2005.

09 Nov, 2006

Report no. 69/2006

Bank Zachodni WBK S.A. Management Board Member advised the Bank that the entity in which he acts as a Supervisory Board Member bought as part of an ordinary stock exchange transactions

on 03 November 2006 2 044 Bank Zachodni WBK S.A. shares, code PLBZ 00000044, for 204,99 PLN per share,
on 06 November 2006 20 000 Bank Zachodni WBK S.A. shares, code PLBZ 00000044, for 207,00 PLN per share.

Legal basis:

art. 160 section 4 of the Act on Trading in Financial Instruments of 29 July 2005.

06 Nov, 2006

Report no. 68/2006

Bank Zachodni WBK S.A. Management Board Member advised the Bank that the entity in which he acts as a Supervisory Board Member:

sold as part of an ordinary stock exchange transactions on 27 October 2006 4 000 Bank Zachodni WBK S.A. shares, code PLBZ 00000044, for PLN 233,00 per share and
bought as part of an ordinary stock exchange transactions on 30 October 2006 4 000 Bank Zachodni WBK S.A. shares, code PLBZ 00000044, for PLN 214,55 per share.

Legal basis:

art. 160 section 4 of the Act on Trading in Financial Instruments of 29 July 2005.

05 Oct, 2006

Report no. 67/2006

Legal basis:

art. 160 section 4 of the Act on Trading in Financial Instruments of 29 July 2005.

03 Oct, 2006

Report no. 66/2006

BBank Zachodni WBK S.A. Management Board Member advised the Bank that the entity in which he acts as a Supervisory Board Member sold as part of an ordinary stock exchange transactions on 28 September 2006 5000 Bank Zachodni WBK S.A. shares, code PLBZ 00000044, for PLN 194,00 per share.

Legal basis:

art. 160 section 4 of the Act on Trading in Financial Instruments of 29 July 2005.

25 Sep, 2006

Report no. 65/2006

Bank Zachodni WBK S.A. Management Board Member advised the Bank that the entity in which he acts as a Supervisory Board Member sold as part of an ordinary stock exchange transactions:

on 19 September 2006 15 000 Bank Zachodni WBK S.A. shares, code PLBZ 00000044, for 196,03 PLN per share.
on 20 September 2006 4 911 Bank Zachodni WBK S.A. shares, code PLBZ 00000044, for 196,20 PLN per share.

Legal basis:

art. 160 section 4 of the Act on Trading in Financial Instruments of 29 July 2005.

24 Aug, 2006

Report no. 64/2006

Legal basis:

art. 160 section 4 of the Act on Trading in Financial Instruments of 29 July 2005.

18 Aug, 2006

Report no. 63/2006

Fitch Ratings upgraded the foreign currency Issuer Default ratings ("FC IDR") of Bank Zachodni WBK: FC IDR upgraded to 'A+' from 'A'. Following the upgrade, the Outlook is now Stable. Short-term 'F1', Individual 'C' and Support '1' are affirmed. The rating of the bank was changed due to upgrade of Country Ceiling rating for Poland.

Legal basis:

§ 5 clause 1 item 26 of the Ordinance of the Ministry of Finance, dated 19 nowember 2005, with regrad to current and periodic informations sent by issuers of securities.

17 Aug, 2006

Report no. 62/2006

Legal basis:

art. 160 section 4 of the Act on Trading in Financial Instruments of 29 July 2005.

16 Aug, 2006

Report no. 61/2006

Legal basis:

art. 160 section 4 of the Act on Trading in Financial Instruments of 29 July 2005.

11 Aug, 2006

Fitch Affirms Poland's Bank Zachodni WBK at IDR 'A' (Report no. 60/2006)

Fitch Ratings-London-11 August 2006: Fitch Ratings has today affirmed Poland-based Bank Zachodni WBK's ("BZ WBK") ratings at Issuer Default 'A', Short-term 'F1', Individual 'C' and Support '1'. The Outlook is Positive.

"The bank is performing well, with improving asset quality, good profitability and strong capitalisation," says Chris Birney, Director with Fitch's Financial Institutions Group. "The asset management and brokerage businesses are boosting earnings and improving revenue diversification, while the long-awaited return of corporate loan growth signals improved prospects."

Fitch also notes that as the bank grows more confident in its risk management systems, it has been relaxing some of its credit granting procedures, with lengthening maturities for corporate lending and rapid growth of higher-risk asset classes such as cash retail loans. Additionally, an increasing portion of the loan portfolio consists of mortgage and other retail loans, which have a short history in Poland and have not been tested through a full economic cycle.

The Issuer Default, Short-term and Support ratings are based on the extremely high potential for support from BZ WBK's controlling shareholder, Allied Irish Banks ('AIB', rated 'AA-' (AA minus)/Stable Outlook). BZ WBK's Issuer Default rating is currently constrained by the Country Ceiling 'A' for Poland.

AIB is one of the largest banks in Ireland, with EUR8.4 billion of equity at end-2005. It employs over 24,000 people in more than 700 offices worldwide. AIB built a 60.1% stake in WBK between 1995 and 1996. In 1999 AIB acquired 80% of Bank Zachodni SA from the Polish State Treasury and in 2001 merged the two banks to create BZ WBK, in which AIB currently has a 70.5% stake.

BZ WBK is Poland's fifth largest bank by assets. The Bank operated through 372 branches and had 7,798 full-time employees and end-June 2006.

Contact: Chris Birney, London, Tel: +44 20 7862 4093; Kamal Raja, +44 20 7417 6253.

Fitch's rating definitions and the terms of use of such ratings are available on the agency's public site, www.fitchratings.com. Published ratings, criteria and methodologies are available from this site, at all times. Fitch's code of conduct, confidentiality, conflicts of interest, affiliate firewall, compliance and other relevant policies and procedures are also available from the 'Code of Conduct' section of this site.

Legal basis:

§ 5 clause 1 item 26 of the Ordinance of the Ministry of Finance, dated 19 nowember 2005, with regard to current and periodic information sent by issuers of securities.

03 Aug, 2006

Report no. 59/2006

Legal basis:

art. 160 section 4 of the Act on Trading in Financial Instruments of 29 July 2005.

25 Jul, 2006

Report no. 58/2006

Legal basis:

art. 160 section 4 of the Act on Trading in Financial Instruments of 29 July 2005.

25 Jul, 2006

Report no. 57/2006

Bank Zachodni WBK S.A. Management Board Member advised the Bank that the entity in which he acts as a Supervisory Board Member bought as part of an ordinary stock exchange transactions on 17 July 2006 10.000 Bank Zachodni WBK S.A. shares, code PLBZ 00000044, for 174,58 PLN per share.

Legal basis:

art. 160 section 4 of the Act on Trading in Financial Instruments of 29 July 2005.

12 Jul, 2006

Report no. 56/2006

Legal basis:

art. 160 section 4 of the Act on Trading in Financial Instruments of 29 July 2005.

11 Jul, 2006

Report no. 55/2006

Legal basis:

art. 160 section 4 of the Act on Trading in Financial Instruments of 29 July 2005.

28 Jun, 2006

Report no 54/2006

In reference to the annual report of Bank Zachodni WBK S.A. published on 22 Feb 2006, in which the Managemet Board declared that they observe the corporate governance priciples as defined by Best practices in public companies 2005, introduced in a Resolution No. 44/1062/2004 of the Warsaw Stock Exchange Supervisory Board, the Management Board confirms that all the principles laid down in Best practices in public companies 2005 are observed.

Notes to Best practices attached It will open in a new window
PDF 252 KB

Legal grounds:

§ 29 of the Stock Exchange Rules enacted by a Resolution of WSE Supervisory Board 5/1114/2006 and no. 6/1114/2006 of 15 Feb 2006.

27 Jun, 2006

Report no 53/2006

Legal basis:

art. 160 section 4 of the Act on Trading in Financial Instruments of 29 July 2005.

27 Jun, 2006

Report no 52/2006

Legal basis:

art. 160 section 4 of the Act on Trading in Financial Instruments of 29 July 2005.

22 Jun, 2006

Report no 51/2006

Bank Zachodni WBK S.A. Management Board Member advised the Bank that the entity in which he acts as a Supervisory Board Member sold as part of an ordinary stock exchange transactions

on 14 June 2006 9 608 Bank Zachodni WBK S.A. shares, code PLBZ 00000044, for 161,06 PLN per share.
on 16 June 2006 1 000 Bank Zachodni WBK S.A. shares, code PLBZ 00000044, for 166,27 PLN per share.

Legal basis:

art. 160 section 4 of the Act on Trading in Financial Instruments of 29 July 2005

22 Jun, 2006

Report no 50/2006

Bank Zachodni WBK S.A. Management Board Member advised the Bank that the entity in which he acts as a Supervisory Board Member bought as part of an ordinary stock exchange transactions on 14 June 2006 24 000 Bank Zachodni WBK S.A. shares, code PLBZ 00000044, for 155,00 PLN per share.

Legal basis:

art. 160 section 4 of the Act on Trading in Financial Instruments of 29 July 2005

21 Jun, 2006

Report no 49/2006

Bank Zachodni WBK S.A. (“Bank”) would like to advise that on 21 June 2006, pursuant to §32 point 10 of the Bank’s Statutes and industry standards, the Supervisory Board passed a resolution whereby KPMG Audyt Sp. z o.o. was selected to audit financial statements of the Bank and Bank Group for 2006.

Key highlights about the auditor:

KPMG Audyt Sp. z o.o., ul. Chłodna 51, 00-867 Warsaw

Auditor accreditation: registered under number 458 on the list of entities authorized to audit financial statements.

The Bank availed of the following services of KPMG Audyt Sp. z o.o.:

audit of financial statements of the Bank and Bank Group for the previous four financial years,
consultancy services within the scope permitted by law and internal policies aimed to ensure impartiality and independence of the auditor.

The agreement between the Bank and KPMG Audyt Sp. z o.o. will be for a period necessary to audit financial statements.

Legal basis:

§5 section 1 point 19 of the Ordinance of the Minister of Finance of 19 October 2005 on current and periodic reporting requirements for issuers of securities.

19 Jun, 2006

Report no 48/2006

Bank Zachodni WBK S.A. Management Board Member advised the Bank that the entity in which he acts as a Supervisory Board Member bought as part of an ordinary stock exchange transactions on 12 June 2006 2 000 Bank Zachodni WBK S.A. shares, code PLBZ 00000044, for 167,00 PLN per share.

Legal basis:

art. 160 section 4 of the Act on Trading in Financial Instruments of 29 July 2005

07 Jun, 2006

Report no 47/2006

Legal basis:

art. 160 section 4 of the Act on Trading in Financial Instruments of 29 July 2005.

07 Jun, 2006

Report no 46/2006

Bank Zachodni WBK S.A. Management Board Member advised the Bank that the entity in which he acts as a Supervisory Board Member bought as part of an ordinary stock exchange transactions on 31 may 2006 3 521 Bank Zachodni WBK S.A. shares, code PLBZ 00000044, for 174,69 PLN per share.

Legal basis:

art. 160 section 4 of the Act on Trading in Financial Instruments of 29 July 2005.

07 Jun, 2006

Report no 45/2006

Bank Zachodni WBK S.A. would like to advise that on 6 June 2006 we received the decision, dated 30 May 2006, from the District Court for Wrocław-Fabryczna, Business Department no. VI of the National Court Register, that amendments made to the Bank’s Statutes and accepted by the AGM of 4 April 2006 had been included in the Register. The resolutions adopted by the AGM, which are the basis for changes to the Register, were published in the current report no. 27/2005 of 4 April 2006.

Legal basis:

§39 section 1 point 2 letter a of the Ordinance of the Minister for Finance as at 19.10.2005 re current and periodic information supplied by issuers of securities.

02 Jun, 2006

Report no 44/2006

Bank Zachodni WBK S.A. Management Board Member advised the Bank that the entity in which he acts as a Supervisory Board Member bought as part of an ordinary stock exchange transactions on 29 may 2006 5 000 Bank Zachodni WBK S.A. shares, code PLBZ 00000044, for 175,50 PLN per share.

Legal basis:

art. 160 section 4 of the Act on Trading in Financial Instruments of 29 July 2005

31 May, 2006

Report no 43/2006

Bank Zachodni WBK S.A. Management Board Member advised the Bank that the entity in which he acts as a Supervisory Board Member bought as part of an ordinary stock exchange transactions:

on 24 may 2006 35 000 Bank Zachodni WBK S.A. shares, code PLBZ 00000044, for 173,33 PLN per share.
on 26 may 2006 12 500 Bank Zachodni WBK S.A. shares, code PLBZ 00000044, for 172,84 PLN per share.

Legal basis:

art. 160 section 4 of the Act on Trading in Financial Instruments of 29 July 2005

25 May, 2006

Report no 42/2006

Bank Zachodni WBK S.A. Management Board Member advised the Bank that the entity in which he acts as a Supervisory Board Member bought as part of an ordinary stock exchange transactions on 23 May 2006 26 881 Bank Zachodni WBK S.A. shares, code PLBZ 00000044, for PLN 176,03 per share.

Legal basis:

art. 160 section 4 of the Act on Trading in Financial Instruments of 29 July 2005

25 May, 2006

Report no 41/2006

Bank Zachodni WBK S.A. as a shareholder of the Commercial Union Group companies hereby advises that Annual General Meetings of the Commercial Union Polska Towarzystwo Ubezpieczeń na Życie S.A. oraz Commercial Union Polska Towarzystwo Ubezpieczeń Ogólnych S.A, which took place 24 May 2006, approved dividend payment for the shareholders.

Bank Zachodni WBK SA will receive money by this way in a total amount of:

from Commercial Union Polska Towarzystwo Ubezpieczeń na Życie S.A. PLN 40.560.975,00
from Commercial Union Polska Towarzystwo Ubezpieczeń Ogólnych S.A. PLN 329.600,00

Dividend Date was set at 24 May 2006.

Legal basis:

Article 56 clause 1 point 1) of the Act on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organised Trading, and Public Companies

23 May, 2006

Report no 40/2006

Bank Zachodni WBK S.A. as a shareholder of Commercial Union Powszechne Towarzystwo Emerytalne BPH CU WBK S.A. hereby advises that Annual General Meeting of the company, which took place 22 May 2006, approved dividend payment for the shareholders.

Bank Zachodni WBK SA will receive money by this way in a total amount of PLN 12.075.180,00.

Dividend Date was set at 22 May 2006.

Legal basis:

Article 56 clause 1 point 1) of the Act on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organised Trading, and Public Companies.

16 May, 2006

Report no 39/2006

Legal basis:

art. 160 section 4 of the Act on Trading in Financial Instruments of 29 July 2005.

11 May, 2006

Report no 38/2006

Bank Zachodni WBK S.A. with its registered office in Wrocław informs publicly that on 10 May 2006 an agreement was signed on transferring the ownership of all, i.e. 13 331 shares held by the Bank with the total nominal value of PLN 1 333 100.00 representing 54% of the share capital and 54% of votes at the AGM of AIB WBK Fund Management Sp. z o.o. (“Company”) which is the Management Company of NFI Magna Polonia S.A. The buyers of shares are Witold Radwański, Marzena Tomecka, Piotr Oskroba, Robert Bożyk, Bartłomiej Banaszak.

Witold Radwański and Marzena Tomecka are at the same time Management Board Members of NFI Magna Polonia S.A. and the Company. Piotr Oskroba and Robert Bożyk are employees of the Company.

Investment in the shares sold was of a long-term nature.

The shares sale price was set at PLN 270 000,00 PLN (two hundred seventy thousand Polish zloty). The first price installment of PLN 135 000.00 (one hundred thirty five thousand Polish zloty) was paid on the day of signing an agreement on transferring ownership of the said shares, the second installment of PLN 135 000.00 (one hundred thirty five thousand Polish zloty) will be paid not later than on 20 December 2006.

Legal basis:

§5 sec. 1 item 1 of the Finance Minister Ordinance, dated 19 October 2005 re. current and periodic information submitted by issuers of securities.

11 May, 2006

Report no 37/2006

Bank Zachodni WBK S.A. Management Board Member advised the Bank that the entity in which he acts as a Supervisory Board Member sold as part of an ordinary stock exchange transactions on 04 May 2006 28 288 Bank Zachodni WBK S.A. shares, code PLBZ 00000044, for 199,78 PLN per share and he sold as part of an ordinary stock exchange transactions on 05 May 2006 40 400 Bank Zachodni WBK S.A. shares, code PLBZ 00000044, for 200,11 PLN per share.

Legal basis:

art. 160 section 4 of the Act on Trading in Financial Instruments of 29 July 2005.

04 May, 2006

Report no 36/2006

Bank Zachodni WBK S.A. Management Board Member advised the Bank that the entity in which he acts as a Supervisory Board Member sold as part of an ordinary stock exchange transactions:

on 24 April 2006 62 500 Bank Zachodni WBK S.A. shares, code PLBZ 00000044, for 178,98 PLN per share
on 25 April 2006 5 173 Bank Zachodni WBK S.A. shares, code PLBZ 00000044, for 178,81 PLN per share
on 26 April 2006 39 736 Bank Zachodni WBK S.A. shares, code PLBZ 00000044, for 182,71 PLN per share.

Legal basis:

art. 160 section 4 of the Act on Trading in Financial Instruments of 29 July 2005.

27 Apr, 2006

Report no 35/2006

Bank Zachodni WBK S.A. Management Board Member advised the Bank that the entity in which he acts as a Supervisory Board Member sold as part of an ordinary stock exchange transactions:

on 18 April 2006 4 900 Bank Zachodni WBK S.A. shares, code PLBZ 00000044, for PLN 171,49 per share,
on 20 April 2006 4 000 Bank Zachodni WBK S.A. shares, code PLBZ 00000044, for PLN 164,38 per share,
on 21 April 2006 5 000 Bank Zachodni WBK S.A. shares, code PLBZ 00000044, for PLN 172,00 per share.

Legal basis:

art. 160 section 4 of the Act on Trading in Financial Instruments of 29 July 2005.

20 Apr, 2006

Report no 34/2006

Legal basis:

art. 160 section 4 of the Act on Trading in Financial Instruments of 29 July 2005.

13 Apr, 2006

Report no 33/2006

Bank Zachodni WBK S.A. announces that the publishing of the 1Q consolidated SAB QSr1-2006 report has been rescheduled from 10 May 2006 and shall take place on 24 April 2006.

Legal basis:

section 100. 2 of the Ordinance of the Council of Ministers of 19 October 2005 on current and interim information provided by issuers of securities.

10 Apr, 2006

Report no 32/2006

Bank Zachodni WBK S.A. Management Board Member advised the Bank that the entity in which he acts as a Supervisory Board Member bought as part of an ordinary stock exchange transactions on 05 April 2006 15 000 Bank Zachodni WBK S.A. shares, code PLBZ 00000044, for PLN 152,50 per share.

Legal basis:

art. 160 section 4 of the Act on Trading in Financial Instruments of 29 July 2005.

10 Apr, 2006

Report no 31/2006

Bank Zachodni WBK S.A. Management Board Member advised the Bank that the entity in which he acts as a Supervisory Board Member bought as part of an ordinary stock exchange transactions on 04 April 2006 60 000 Bank Zachodni WBK S.A. shares, code PLBZ 00000044, for PLN 148,95 per share.

Legal basis:

art. 160 section 4 of the Act on Trading in Financial Instruments of 29 July 2005

10 Apr, 2006

Report no 30/2006

Bank Zachodni WBK S.A. Management Board Member advised the Bank that the entity in which he acts as a Supervisory Board Member bought as part of an ordinary stock exchange transactions on 03 April 2006 15 000 Bank Zachodni WBK S.A. shares, code PLBZ 00000044, for PLN 147,00 per share.

Legal basis:

art. 160 section 4 of the Act on Trading in Financial Instruments of 29 July 2005

04 Apr, 2006

Report no 29/2006

Bank Zachodni WBK S.A. hereby informs that on 4 April 2006, the Bank’s Supervisory Board appointed the Bank’s Management Board for the next term of office in the following composition:

Report 29/2006 It will open in a new window
PDF 120 KB

04 Apr, 2006

Report no 28/2006

Bank Zachodni WBK S.A. hereby advises that at the Annual General Meeting of the BZ WBK Shareholders held on 4 April 2006, AIB European Investments Ltd. based in Dublin was the only shareholder with at least 5% of the total voting power. The shares held by AIB European Investments Limited carried 51,413,790 votes, which constituted 92,85% votes on this Meeting and 70,5% total votes.

Legal basis:

article 70 point 3 of the Act on public offering and terms&condition of introducing financial instruments to the organizes trading system and on public companies.

04 Apr, 2006

Report no 27/2006

Bank Zachodni WBK hereby announces the contents of the resolutions adopted by the AGM on 4th April 2006.

Report 27/2006 It will open in a new window
PDF 591 KB

31 Mar, 2006

Report no 26/2006

Bank Zachodni WBK S.A. Management Board Member advised the Bank that the entity in which he acts as a Supervisory Board Member bought as part of an ordinary stock exchange transactions on 27 March 2006 10 000 Bank Zachodni WBK S.A. shares, code PLBZ 00000044, for PLN 148,68 per share.

Legal basis:

art. 160 section 4 of the Act on Trading in Financial Instruments of 29 July 2005.

29 Mar, 2006

Report no 25/2006

Bank Zachodni WBK S.A. Management Board Member advised the Bank that the entity in which he acts as a Supervisory Board Member bought as part of an ordinary stock exchange transactions on 24 March 2006 25 016 Bank Zachodni WBK S.A. shares, code PLBZ 00000044, for PLN 147,60 per share.

Legal basis:

art. 160 section 4 of the Act on Trading in Financial Instruments of 29 July 2005.

29 Mar, 2006

Report no 24/2006

Bank Zachodni WBK S.A. Management Board Member advised the Bank that the entity in which he acts as a Supervisory Board Member bought as part of an ordinary stock exchange transactions on 23 March 2006 9 000 Bank Zachodni WBK S.A. shares, code PLBZ 00000044, for PLN 150,00 per share.

Legal basis:

art. 160 section 4 of the Act on Trading in Financial Instruments of 29 July 2005.

22 Mar, 2006

Report no 23/2006

Bank Zachodni WBK S.A. Management Board Member advised the Bank that the entity in which he acts as a Supervisory Board Member bought as part of an ordinary stock exchange transactions on 17 March 2006 20 000 Bank Zachodni WBK S.A. shares, code PLBZ 00000044, for PLN 150,00 per share.

Legal basis:

art. 160 section 4 of the Act on Trading in Financial Instruments of 29 July 2005.

21 Mar, 2006

Report no 22/2006

Bank Zachodni WBK S.A. Management Board Member advised the Bank that the entity in which he acts as a Supervisory Board Member bought as part of an ordinary stock exchange transactions on 15 March 2006 30 000 Bank Zachodni WBK S.A. shares, code PLBZ 00000044, for PLN 150,00 per share.

Legal basis:

art. 160 section 4 of the Act on Trading in Financial Instruments of 29 July 2005

17 Mar, 2006

Report no 21/2006

Bank Zachodni WBK S.A. Management Board Member advised the Bank that the entity in which he acts as a Supervisory Board Member bought as part of an ordinary stock exchange transactions on 14 March 2006 12 000 Bank Zachodni WBK S.A. shares, code PLBZ 00000044, for PLN 150,59 per share.

Legal basis:

art. 160 section 4 of the Act on Trading in Financial Instruments of 29 July 2005.

23 Feb, 2006

Information on Bank Zachodni WBK shares disposal (Report no. 17/2006)

Legal basis:

art. 160 section 4 of the Act on Trading in Financial Instruments of 29 July 2005.

22 Feb, 2006

Proposal of 2005 dividend (Report no. 16/2006)

Bank Zachodni WBK S.A. hereby advises that the Bank's Management Board and the Supervisory Board have proposed to:

allocate PLN 437,761,704.00 of the Bank's net profit for 2005 to dividend payment, which means that the proposed dividend per share will amount to PLN 6.00,
set 21 April 2006 as the Dividend Date and 11 May as the Dividend Payment Date.

Legal basis:

§39 clause 1 point 7 of the Ordinance of the Minister for Finance as at 19.10.2005 re. current and periodic information supplied by issuers of securities.

20 Feb, 2006

Information on shares disposal (Report no. 15/2006)

Legal basis:

art. 160 section 4 of the Act on Trading in Financial Instruments of 29 July 2005.

13 Feb, 2006

Information on Bank Zachodni WBK shares disposal (Report no. 14/2006)

Legal basis:

art. 160 section 4 of the Act on Trading in Financial Instruments of 29 July 2005.

08 Feb, 2006

Information on Bank Zachodni WBK shares disposal (Report no. 13/2006)

Bank Zachodni WBK S.A. Management Board Member advised the Bank that the entity in which he acts as a Supervisory Board Member sold as part of an ordinary stock exchange transactions:

on 31 January 2006 3 998 Bank Zachodni WBK S.A. shares, code PLBZ 00000044, for PLN 158,06 per share,
on 1 February 2006 15 000 Bank Zachodni WBK S.A. shares, code PLBZ 00000044, for PLN 149,92 per share,
on 2 February 2006 5 000 Bank Zachodni WBK S.A. shares, code PLBZ 00000044, for PLN 155,60 per share,
on 3 February 15 000 Bank Zachodni WBK S.A. shares, code PLBZ 00000044, for PLN 155,67 per share.

Legal basis:

art. 160 section 4 of the Act on Trading in Financial Instruments of 29 July 2005.

01 Feb, 2006

Settlement of transaction re. disposal of PROTEKTOR SA shares (Lubelskie Zakłady Przemysłu Skórzanego) - (Report no. 12/2006)

Bank Zachodni WBK S.A. (BZ WBK S.A.), informs that:

on 1 February 2006 the transaction of disposing by BZWBK the shares of PROTEKTOR (Lubelskie Zakłady Przemysłu Skórzanego PROTEKTOR S.A. based in Lublin ("Company")) concluded on 27 January 2006 was settled,
BZ WBK S.A. sold, in package transactions on the Warsaw Stock Exchange, 443 228 shares of the Company with the nominal value of PLN 3 each which represent 28.4% of the Company&'s share capital and the total number of votes at the AGM. The Company&'s sold shares were long-term equity investment,
the sale price of the above assets was PLN 8 199 718, i.e. PLN 18.50 per share,
having disposed of the above shares BZ WBK holds 143 188 Company&'s shares which represent 9.17% of the share capital and give rights to 143 188 i.e. 9.17% of votes at the Company&'s AGM,
disposal of the Company&'s shares by BZ WBK S.A. was treated as a disposal of assets of material value as the sold shares represented over 20% of the Company&'s share capital.

Legal basis:

§ 5 clause 1 item 1 of the Ordinance of the Minister of Finance on current and periodic reports submitted by issuers of securities.

26 Jan, 2006

Incentive Scheme for Senior Management (Report no. 11/2006)

The Management Board of Bank Zachodni WBK SA hereby informs that as requested by the Supervisory Board, it undertook actions aimed at implementing, as of this year, the Incentive Scheme for the Senior Management of Bank Zachodni WBK SA and its subsidiaries. The Scheme will consist in allocating bonds with pre-emptive rights to the Company's managerial cadre.

The Supervisory Board formulated and adopted the key principles of the Scheme and proposed that relevant resolutions be adopted at the Company's nearest General Meeting (AGM). The Scheme is to be carried out by way of issuing bonds with pre-emptive rights by the Bank which will entitle the Scheme Participants, after fulfillment of specific economic criteria , to take up the Bank's shares issued as part of the conditional increase in the Company's share capital (no more than 200,000 shares in total in years 2006-2009).

The major objective underlying the Scheme is creation of an effective motivation tool for ca. 100 key members of the Bank's and its subsidiaries managerial cadre that will ensure their stronger links with the Company. Thanks to this, the Company will be able to generate competitive financial results while adding value for its shareholders.

Legal grounds:

Art. 56 sec. 1, item 1 of the Act on Offering - inside information.

25 Jan, 2006

Information of placing amendments to Bank Charter in KRS (Report no. 10/2006)

Bank Zachodni WBK S.A. would like to advise that on 25 January 2006 we received the decision, dated 18 January 2006, from the District Court for Wrocław-Fabryczna, Business Department no. VI of the National Court Register, that amendments made to the Bank’s Statutes and accepted by the EGM of 8 December 2005 had been included in the Register. The resolutions adopted by the EGM, which are the basis for changes to the Register, were published in the current report no. 32/2005 of 8 December 2005.

Legal basis:

§39 section 1 point 2 letter a of the Ordinance of the Minister for Finance as at 19.10.2005 re current and periodic information supplied by issuers of securities.

25 Jan, 2006

Bank Zachodni WBK President's resignation (Report no. 9/2006)

Bank Zachodni WBK S.A. hereby announces that Jacek Kseń - President of Management Board decided to fulfill function of President of Management Board till April 2007. Supervisory Board of BZ WBK S.A. accepted this decision.

Legal grounds:

Paragraph 27 of the Ordinance of the Finance Minister, dated 19.10.2005, re. current and periodic information submitted by issuers of securities.

24 Jan, 2006

Dates of submitting Periodical Reports (Report no. 8/2006)

Bank Zachodni WBK S.A. announces the dates of publishing consolidated quarterly reports, half-year consolidated reports, annual report and consolidated annual report for 2006.

The above interim reports of Bank Zachodni WBK S.A. will be published on the following days:

Q1 consolidated report - 10-05-2006
Q2 consolidated report - 1-08-2006
H1 consolidated report - 1-08-2006

Q3 consolidated report - 9-11-2006
Q4 consolidated report - 22-02-2007
Annual report - 22-02-2007
Consolidated annual report - 22-02-2007

Additionally, BZ WBK would like to inform that quarterly and half-year consolidated reports published will include abridged quarterly and half-year statements respectively.

Legal basis:

§ 100 item. 1 of the Ordinance of the Council of Ministers of 19 October 2005 on current and interim information provided by issuers of securities.

13 Jan, 2006

Information on Bank Zachodni WBK shares disposal (Report no. 7/2006)

Bank Zachodni WBK S.A. Management Board Member advised the Bank that on 9 January 2006 the entity in which he acts as a Supervisory Board Member sold 1 570 Bank Zachodni WBK S.A. shares, code PLBZ 00000044, for PLN 159,03 per share as part of an ordinary stock exchange transaction.

Legal basis:

art. 160 section 4 of the Act on Trading in Financial Instruments of 29 July 2005.

11 Jan, 2006

Information on Bank Zachodni WBK shares purchase by the Mgmt Board member - 2005 (Report no. 6/2006)

Bank Zachodni WBK S.A. Management Board Member advised the Bank that during whole 2005 purchased 25 Bank Zachodni WBK S.A. shares, code PLBZ 00000044, for PLN 93,00 PLN per share as part of an ordinary stock exchange transaction i.e. made transaction at value below 5.000 euro.

Legal basis:

art. 160 section 4 of the Act on Trading in Financial Instruments of 29 July 2005

10 Jan, 2006

Information on Bank Zachodni WBK shares disposal (Report no. 5/2006)

Bank Zachodni WBK S.A. Management Board Member advised the Bank that on 5 January 2006 the entity in which he acts as a Supervisory Board Member sold 5 000 Bank Zachodni WBK S.A. shares, code PLBZ 00000044, for PLN 146,50 per share as part of an ordinary stock exchange transaction.

Legal basis:

art. 160 section 4 of the Act on Trading in Financial Instruments of 29 July 2005.

09 Jan, 2006

Information on Bank Zachodni WBK shares disposal (Report no. 4/2006)

Bank Zachodni WBK S.A. Management Board Member advised the Bank that on 3 January 2006 the entity in which he acts as a Supervisory Board Member sold 5 000 Bank Zachodni WBK S.A. shares, code PLBZ 00000044, for PLN 146,00 per share as part of an ordinary stock exchange transaction.

Legal basis:

art. 160 section 4 of the Act on Trading in Financial Instruments of 29 July 2005

04 Jan, 2006

Information on Bank Zachodni WBK shares disposal (Report no. 3/2006)

Bank Zachodni WBK S.A. Management Board Member advised the Bank that on 16 December 2005 the entity in which he acts as a Supervisory Board Member sold 4 441 Bank Zachodni WBK S.A. shares, code PLBZ 00000044, for PLN 141,50 per share as part of an ordinary stock exchange transaction.

Legal basis:

art. 160 section 4 of the Act on Trading in Financial Instruments of 29 July 2005.

04 Jan, 2006

Change of publication dates of Periodical Reports (Report no. 2/2006)

Bank Zachodni WBK S.A. announces that the publishing of the standalone annual 2005 SAB R-2005 report and 4Q consolidated SAB QSr4-2005 report has been rescheduled from 23 February 2006 and shall take place on 22 February 2006 and the publishing of the SAB RS 2005 consolidated report has been rescheduled from 10 March 2006 and shall take place on 22 February 2006.

Legal basis:

section 100. 2 of the Ordinance of the Council of Ministers of 19 October 2005 on current and interim information provided by issuers of securities.

02 Jan, 2006

Information on Bank Zachodni WBK shares disposal (Report no. 1/2006)

Bank Zachodni WBK S.A. Management Board Member advised the Bank that on 16 December 2005 the entity in which he acts as a Supervisory Board Member sold 4 727 Bank Zachodni WBK S.A. shares, code PLBZ 00000044, for PLN 137,77 per share as part of an ordinary stock exchange transaction and on 19 December 2005 sold 2 718 Bank Zachodni WBK S.A. shares, code PLBZ 00000044, for PLN 141,50 per share as part of an ordinary stock exchange transaction.

Legal basis:

art. 160 section 4 of the Act on Trading in Financial Instruments of 29 July 2005