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Komercni Banka (01IS)

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Thursday 14 September, 2000

Komercni Banka

Statement re Financial Result

Komercni Banka
14 September 2000



                      STATEMENT CONCERNING THE SPECULATION 
                ABOUT THE IMPACT OF REVISING OF PROVISIONS AND
              RESERVES ON THE FINANCIAL RESULT OF KOMERCNI BANKA
                                   FOR 2000

The Board feels that it is premature at this stage to comment on the overall
effect that such provisions may have on the final year end results.

The information about the anticipated loss has been taken over into Komercni
banka's 'Financial Market Daily Report' from the newspaper, and at any case does
not express the stand-point of Komercni banka.