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Komercni Banka (KMCA)

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Tuesday 23 July, 2002

Komercni Banka

Sale of Assets

Komercni Banka
23 July 2002

Komercni banka, a.s.
Prague 1, Na Prikope 33, building identification number 969, Post Code 114 07
Identification No.: 45 31 70 54
incorporated in the Commercial Register maintained with the Municipal Court in
Prague, section B, insert 1360


As part of stabilizing the bank's balance sheet and optimising the process of
recovering its classified debts portfolio, Komercni banka, a.s. is reviewing the
options for selling a part of this portfolio. The Risk Management Arm is
currently examining the conditions for carrying out such a transaction, in
consulting this issue with renowned financial institutions.

Alexis Juan                                               Peter Palecka

Chairman                                                  Vice-Chairman

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