BNP PARIBAS BANK POLSKA SA amendment to a significant agreement

Amendment to a significant agreement with a customer not affiliated with the BankIn reference to current report no. 37/2013 dated 16 December 2013 and current report no. 40/2014 dated 17 December 2014, the Board of Executives of BNP Paribas Bank Polska S.A. (the "Bank") hereby informs that on 30 December 2014 the Bank concluded with a customer not affiliated with the Bank (the "Customer") an annex to a multi-purpose credit line agreement (the "Annex") which provides that the maximum credit limit will be increased from PLN 230 million to PLN 280 million. Pursuant to the Annex, the crediting period ends on 16 December 2015.Under the Annex, the Bank grants the Customer an overdraft facility, provides a bank guarantee facility and a letter of credit facility to the Customer.The financing facility, the bank guarantee and letter of credit facilities provided to the Customer under the Annex are made available in connection with the Customer's current business. The interest on the overdraft facility is based on WIBOR increased by a margin, the bank guarantee facilities are provided to the Customer in exchange for a commission. The terms and conditions of the financing, provision of bank guarantee and letters of credit that are set forth in the Annex correspond to market conditions.The Annex meets the significant agreement criterion because the value of the agreement exceeds 10% of the Bank's equity.Legal grounds: Article 5, para. 1, sub-para. 3, Article 9 and Article 78, para. 3 of the Minister of Finance Ordinance dated 19 February 2009 regarding current and periodical information disclosed by issuers of securities and conditions for recognizing as equivalent information required by the laws of a non-member state (Journal of Laws of 2009, No. 33, item 259, as amended).

More information on page: biznes.pap.pl

kom espi dom/