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Komercni Banka (KMCA)

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Friday 23 November, 2001

Komercni Banka

Disposal

Komercni Banka
23 November 2001


Komercni banka, a.s.  http://wwwa.kb.cz/cgi/inc/frm.cgi?p=/kdo_jsme_en/
Head Office
P.O.Box 839
114 07 Prague 1
Czech Republic


Prague 23rd November 2001

                                 Announcement

                   
Komercni banka, a. s., Praha l, Na Prikope 33, land registry number 969,
Postal code 114 07, Identification number 45317054, incorporated in the
Commercial Register maintained with the Municipal Court in Prague, section B,
insert 1360 announces, that on 23rd November 2001 Komercni banka, a.s. and PPF
a.s. concluded the contract on the sale of shares of the company Ceska
pojistovna a. s. representing 9.99% of the registered capital and voting
rights of Ceska pojistovna, a.s. The value of the contract is CZK 1,279 mil.


         Komercni banka, a. s.                   Komercni banka, a. s.
              Alexis Juan                            Tomas Spurny
         Chairman of the Board                    Member of the Board