Bank started the sale of the second bond series

On Monday, 23.12.2002, BIG Bank GDAŃSKI S.A. started the sale of the second series of its bonds. From 23 December 2002 to 10 January 2003, the Bank will offer A2 series bonds of the nominal value of PLN 100 and total nominal worth of PLN 130 million.
 
Bonds issued within the framework of the Bond Issue Program were introduced into public trading pursuant to the Securities and Exchange Commission decision No. DSP1-412-13/02-9/2002 dated 26 November 2002. Within the Bond Issue Program, 20,000,000 unsecured bearer bonds of nominal value of PLN 100 and total nominal value of PLN 2,000,000,000 were introduced into public trading.
 
A2 Series Bonds are issued within the framework of the first series of the Bond Issue Program. A2 Series Bonds may be purchased by natural and legal persons, and by organizational units with no legal personality
 
Yield of A2 Series Bonds was specified at:

• in the Small Investors Tranche - 4.35% per year (for investors, who subscribe to no less than 10 of A1 Series Bonds)
• in the Large Investors Tranche - 4.55% per year (for investors, who subscribe to no less than 500 of A1 Series Bonds)
• in the Targeted Tranche - 5.05% per year (for investors, who subscribe to no less than 1.000 of A1 Series Bonds and at the moment of subscription hold a bank account with the Bank or securities account in DM BIG BG).

A2 Series Bonds will be redeemed by the Issuer on  15 December 2003.
 
Bonds are offered via the Millennium, Millennium PRESTIGE and Millennium Biznes sales network, and are available directly in Millennium and Millennium PRESTIGE branches of BIG Bank GDAŃSKI.

By virtue of art. 52 of the PIT Act, the buyers of bonds are entitled to tax exemption from gains on this investment. To Clients, who want profit from the investment to be exempt from taxation, the Bank will provide the early repurchase opportunity from 17 to 28 November 2003. The issue prospectus of the BIG Bank GDAŃSKI S.A. Bond Issue Program and the issue prospectus of the bond series are available in the Bank's branches, in the BIG BG Brokerage House and on the Issue Prospectus website.