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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. http://www.kb.cz/kdo_jsme_en
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


                                 Announcement:

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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