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Idea Bank unit acquires holding in asset manager Open Finance TFI

unit acquired a 9.99%holding in asset manager Open Finance TFI from Open Finance SA.

Thestake, comprising 549,450 nonpreferred registered shares, was purchased forapproximately 18.4 million Polish zlotys. Open Finance SA will useproceeds from the transaction to repay its debt to Idea Bank.

Allthe companies are controlled by Polish businessman Leszek Czarnecki.

As of Sept. 30, US$1 wasequivalent to 3.82 Polish zlotys.