16.06.2011 Current Report No. 35/2011The Management Board of BRE Bank SA announces that on 15-16 June 2011 Dom Inwestycyjny BRE Banku S.A. ("DI BRE"), a subsidiary of BRE Bank SA, sold 6219 bonds with the pre-emptive right of the C1 series and 208 bonds of the C2 series issued by BRE Bank SA in the course of implementation of the incentive programme for members of the Management Board of BRE Bank SA run based on Resolution No. 20 and No. 21 of the Ordinary General Meeting of BRE Bank SA of 14 March 2008 ("Programme").6219 of the bonds with the pre-emptive right of the C1 series and 208 bonds of the C2 series issued by BRE Bank SA in the course of implementation of the Programme had been previously acquired by DI BRE as a result of their allocation for the benefit of DI BRE as the trustee, based on the Resolution No. 13/10 of the Management Board of BRE Bank SA of 17 February 2010 in connection with the effective acceptance of the proposal to acquire those bonds, submitted to DI BRE by  BRE Bank SA on 27 January 2010 accordingly to the provisions of Article 9 point 3 of the Bonds Act of 29 June 1995.The aforementioned bonds were sold by DI BRE to eligible persons in order to grant them the priority right to take over ordinary bearer shares of BRE Bank SA which will be issued within the framework of the implementation of the Programme.Average unit sale price is PLN 0.01.At the same time, on 15-16 June 2011, BRE Bank SA redeemed the aforementioned bonds from the eligible persons within the framework of the Programme in total number of 6427. The basis for redemption of these bonds from the eligible persons within the framework of the Programme were the provisions of Resolution no. 21 of the BRE Bank SA's General Meeting of Shareholders of 14 March 2008.Within the framework of the Programme, the  redemption occurred at the price of PLN 0.01 per bond and the bonds were purchased by BRE Bank S.A. in order to remit them.On 15 and 16 June 2011, within the framework of the Programme BRE Bank SA remitted all the 6427 bonds.