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Komercni Banka (KMCA)

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Wednesday 26 April, 2006

Komercni Banka

part of resolution of AGM

Komercni Banka
26 April 2006


Komercni banka, a.s. http://www.kb.cz/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


Pursuant to Act 256/2004 (Czech) Coll. subsections 120(1)(e) and 120(4) and
Rules of Prague Stock Exchange part III subsection 8(9)(a) and annex Harmonogram
subsection C(c) Komercni banka, a.s. discloses part of resultion of AGM:

Full text of the resolution will be published after end of AGM.


Press Release:

Komercni banka's AGM decides to pay out CZK 250 per share dividend


Prague, 26 April 2006 - At their Annual General Meeting today, Komercni banka
shareholders have decided to pay out dividends of CZK 250 per share for 2005.

The total dividends proposed amounts to CZK 9,500 million. Unconsolidated
dividend payout ratio for the year 2005 stands at 104%. KB Board of Directors
dividend proposal aims at setting the bank's capital at a level adequate to the
economic, business and risk environment in the Czech republic.

Shareholders holding KB shares as at 26 May 2006 have the right to receive
dividends. Dividends shall fall due on 26 June 2006.

The shareholders have also decided on the limits for KB shares' buy back.
Primarily for the purpose of KB shares' market making activity and capital
management, the AGM approved KB Board of Directors' proposal to allow Komereni
banka to acquire its own shares up to the 10% of KB registered capital within
the price range of CZK 2,000 to 4,500.

The shareholders have also decided to amend the Articles of Association. The
amendment changes especially the number of the Board of Directors members, which
will decrease from six to five.

The AGM has also discussed and appproved the Board of Directors' Management
Report for 2005, the annual financial statements together with the proposal for
the distribution of the profit for 2005, and the consolidated financial
statements for 2005.

Marie Petrovova

KB Spokesperson


                      This information is provided by RNS
            The company news service from the London Stock Exchange