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Komercni Banka (KMCA)

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Monday 03 September, 2007

Komercni Banka

Disposal

Komercni Banka
03 September 2007

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



Prague, September 3, 2007

In compliance with provision of Act No. 256/2004 Coll. subsections 120(1)(a) and
120(4) and Rules of Prague Stock Exchange part III. annex Harmonogram subsection
E(c) we notify on the following information.

        Notification on sale of a share in a fund of qualified investors

We would like to inform you that Komercni banka, a.s. ('KB') has sold 518 pieces
of shares of the special fond Protos, uzavreny investicni fond, a.s. (the 
'Fund') to the company Factoring KB, a.s.

The sale of the shares proceeded in compliance with the statute of the Fund,
which is designed as an investment vehicle for companies of KB financial group
with the purpose to invest in bonds or other assets with low credit risk, issued
by governments of European Union countries, and denominated in CZK. In
accordance with Act on Collective Investment No. 189/2004 Coll., Factoring KB,
a.s. was granted a prior approval to the investment in the Fund by the Czech
National Bank.

The company Factoring KB, a.s. acquired 17.26 per-cent share in the registered
capital and voting rights of the Fund. The purchase price of the shares amounted
to CZK 1,298,105,755 and was set on the basis of the expert's valuation.


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