Current Report No. 28/2017

14 Dec, 2017

Delayed inside information - commencement of the negotiations aimed at acquiring the carve out business of Deutsche Bank Polska

On 17th October 2017 Bank Zachodni WBK S.A. _"the Bank"_ on the basis of art. 17 clause 4 of Regulation _EU_ No. 596/2014 of the European Parliament and Council of 16 April 2014 on market abuse _market abuse regulation_ and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC, decided to delay the disclosure certain inside information regarding the commencement of the negotiations aimed at acquiring certain businesses from Deutsche Bank Polska S.A. _"Inside Information"_. In view of finalisation of such negotiations which resulted in signing the transaction agreement on 14th December 2017 the Bank has decided to make the Inside Information publicly available.

The Bank therefore discloses the following delayed Inside Information:

"Bank Zachodni WBK S.A. _"Bank"_ hereby informs that on 17 October 2017 the Bank started negotiations aimed at acquiring the carved out business of Deutsche Bank Polska S.A., including DB Securities S.A. shares, from Deutsche Bank AG and Deutsche Bank Polska S.A. _"Negotiations"_.

Information about concluding the agreement concerning the transaction that the Negotiations relate to will be disclosed by the Bank in a separate current report.

At the same time, the commencement of Negotiations does not mean that the acquisition of the carved out business of Deutsche Bank Polska S.A., including DB Securities S.A. shares, shall be executed. Moreover, the Bank's governance bodies have not taken yet any binding decisions on executing the Transaction."

Legal basis:
article 17 _1_ of Regulation _EU_ No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse _MAR_.

Santander Bank Polska S.A. with its registered office in Warsaw, al. Jana Pawła II 17, 00-854 Warszawa, registered by the District Court for the capital city of Warsaw, 12th Commercial Division, set up under regulation of the Council of Ministers of 11 April 1988 on setting up Bank Zachodni in Wrocław (Journal of Laws of 1 July 1988, No. 21, item 142), registered under KRS number 0000008723, REGON 930041341, NIP 896 000 56 73, share capital of PLN 1,020,883,050 paid-up in full. Helpline: 1 9999 – fee as per the operator’s tariff.

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