Current Report no. 29 (2014)

Issue of own bonds of Bank Zachodni WBK S.A.

The Management Board of Bank Zachodni WBK S.A. ("the Bank") hereby give notice that on the 17th of July 2014 the Bank issued 475 000 bearer bonds, with nominal value of PLN 1,000 each. The bonds were issued in a private placement with the variable interest rate, based on WIBOR 6M plus 1.0 % margin p.a. and have a 3-year maturity falling due on the 17th of July 2017. All the bonds in the total amount of PLN 475,000,000 were taken up by the Bondholders.

The issuer intends to introduce the bonds to trading in the alternative system operated by BondSpot S.A. of Warsaw and the Warsaw Stock Exchange.

The interest on the bonds will be paid every six months. In the first interest period the bonds will bear an interest rate of 3.69 % per annum and its payment will take place on the 19th January 2015.

Legal basis:
Article 56 sec. 1 item 1 of the Act dated 29 July 2005 on Public Offerings, Conditions Governing the Introduction of Financial Instruments to Organized Trading, and Public Companies.