14.11.2011 Current report no. 58/2011The Management Board of BRE Bank SA announces that Dom Inwestycyjny BRE Banku SA ("DI BRE"), subsidiary of BRE Bank SA, on 14 November 2011  sold 208 senior C2 series bonds issued by BRE Bank SA within the framework of the incentive programme for members of the Management Board of BRE Bank SA implemented based on Resolution No. 20 and No. 21 of the Ordinary General Meeting of BRE Bank SA of 14 March 2008  ("Programme").208 senior C2 series bonds issued by BRE Bank SA within the framework of the Programme had been previously purchased by DI BRE as a result of their allocation for DI BRE as a trustee, under Resolution No. 13/10 of the Management Board of BRE Bank SA of 17 February 2010 in connection with the effective adoption of the proposal to purchase those bonds, submitted to DI BRE by BRE Bank SA on 27 January 2010, in accordance with the provisions of Article 9 point 3 of the Bonds Act of 29 June 1995.The aforementioned bonds were sold by DI BRE to authorised person in order to grant him/her the priority right to take up ordinary bearer shares of BRE Bank SA, which will be issued within the framework of the Programme.Average sale price of the bond is PLN 0.01.At the same time, on 14 November 2011, BRE Bank SA redeemed the aforementioned bonds from the authorised person within the framework of the Programme in the total amount of 208. Provisions of Resolution No. 21 of the General Meeting of BRE Bank SA of 14 March 2008 were the basis for the redemption of the aforementioned bonds from the authorised person within the framework of the Programme..Within the framework of the Programme, the bonds were redeemed at the price of PLN 0.01 per bond, and the bonds were redeemed by BRE Bank SA for the purposes of remission.On 14 November 2011, within the framework of the Programme, BRE Bank SA remitted all the 208 bonds.