Bank Przemyslowo - Handlowy PBK SA



Current Report No. 90/2003

Bank Przemyslowo - Handlowy PBK SA (BPH PBK) informs that on 4 December, 2003 it
has been notified that:

--  Bayerische Hypo und Vereinsbank AG possesses 7,862 shares of BPH PBK
    representing 0.03% of the total number of shares issued by BPH PBK and
    entitling to 7,862 votes at the General Meeting of Shareholders of BPH PBK,
    which constitutes 0.03% of the total number of votes at the GSM,

--  Bank Austria AG possesses 20,450,487 shares of BPH PBK representing 71.21%
    of the total number of shares issued by BPH PBK and entitling to 20,450,487
    votes at the General Meeting of Shareholders of BPH PBK, which constitutes
    71.21% of the total number of votes at the GSM.

The changes in BPH PBK's shareholders' structure result from the sale of shares
by HVB AG to Bank Austria Creditanstalt AG.

Below we present the current BPH PBK's shareholders structure:


No.              Shareholder's name                      Shares             Votes at GSM
                                                 ---------------------------------------------
                                                    Number            %  Number              %
----------------------------------------------------------------------------------------------
                HVB Group, including:             20 458 354     71.24 20 458 354       71.24
    ------------------------------------------------------------------------------------------
  1         Bank Austria Creditanstalt AG         20 450 487     71.21 20 450 487       71.21
----------------------------------------------------------------------------------------------
  2                State Treasury                  1 058 000      3.68  1 058 000        3.68
----------------------------------------------------------------------------------------------
  3             The Bank of New York               1 158 556      4.04  1 158 556        4.04
----------------------------------------------------------------------------------------------
     Other shareholders (possessing less than 5%
  4                   of shares)                   6 041 320     21.04  6 041 320       21.04
----------------------------------------------------------------------------------------------

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                        TOTAL                     28 716 230       100 28 716 230         100
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