24 November 2000
Document dated 23 November 2000.
Komercni Banka, a.s., hereby announces that a trial before the Czech Securities
Commission in accordance with breaching informative duty pursuant to subsection
80 section 4 of the Securities Act was definitely finished. It was conducted in
accordance with a late and unpunctual announcement of possible risks in the case
of receivables from a foreign client in the amount of CZK 8 billion in December
1999. The Czech Securities Commission imposed a fine of CZK 3,250,000.