Getin Noble Bank (GNB)

1.35PLN
-2.17% 17:00

Current report 17/2010

08.03.2010

Management Board’s report

Acting on the basis of Article 56(1)(2a) of the Polish Act of 29 July 2005 on public offerings and the conditions for introducing financial instruments into an organized trading system and on public companies (Journal of Laws of 2005, No. 184, item 1539) Getin Noble Bank S.A. (the “Issuer”) hereby announces the confidential information, which announcement has been delayed on the basis of § 2(1)(1) of the Minister of Finance Regulation of 13 April 2006 on kind of information which can violate just interests of the issuer, and way of acting of the issuer due to delay to announce confidential information to public (Journal of Laws No. 67, item 476).

The Financial Supervision Commission was informed on the delay to fulfill information duty on 25 January 2010.

The confidential information, which announcement was delayed by the Issuer, was connected with negotiations – non-exclusive rights - conducted between the Issuer and WestLB AG, a company with its registered office in Düsseldorf, Germany. The negotiations were aimed at acquisition of 100 per cent of the shares of WestLB Bank Polska S.A. with its registered office in Warsaw.

The Issuer decided to reveal the delayed information due to the end of negotiation process, which has not effected acceptation of the Issuer’s bid by WestLB AG.

According to the information sent to the Financial Supervision Commission, the deadline for the announcement of the confidential information was 26 April 2010.

Legal basis: Article 56(1)(2a) of the Polish Act of 29 July 2005 on public offerings and the conditions for introducing financial instruments into an organized trading system and on public companies (Journal of Laws of 2005, No. 184, item 1539).