22.03.2013 Current Report No. 16/2013The Management Board of BRE Bank SA (the "Bank") announces that on 4 March 2013 the Bank executed two agreements with Bank Gospodarstwa Krajowego SA ("BGK") worth jointly up to PLN 945,000,000.The agreement with higher value is the agreement setting out the principles on which BGK, as part of the portfolio guarantee line de minimis, grants guarantees - irrevocable and payable on first demand - for the repayment of loans granted by the Bank to micro-enterprises and small and medium-sized enterprises (the "Agreement"). As part of the portfolio guarantee line de minimis, BGK on its own behalf and own account grants the Bank with a guarantee for the portfolio of loans, consisting of individual guarantees for credit repayments amounting maximally to PLN 900,000,000.  The agreement includes conditions subsequent typical of such agreements. The agreement does not contain any provisions on contractual indemnities.Under the second agreement, BGK entrusts the Bank with activities related with pursuing claims incidental to the performance of the Agreement (the "Agreement on entrusting"). The Agreement on entrusting was executed on 4 March 2013, whereas the debt collection activity referred to in the Agreement on entrusting will be performed after the Bank changes the provisions of its By-laws governing the scope of  activities the Bank is authorised to perform.The total value of the aforementioned agreements may potentially exceed 10% of the Bank's equity.