BW20030828000046  20030828T150108Z UTC


( BW)(BANK-PRZEMYSLOWO)(BPHD) Conversion of Securities

    Business Editors
    UK REGULATORY NEWS

    WARSAW, Poland--(BUSINESS WIRE)--Aug. 28, 2003--

Current report no. 53/2003

In reference to Current report no. 50/2003 dated 12 August, 2003 Bank
Przemyslowo - Handlowy PBK SA (BPH PBK SA) informs that it has been
notified that on 27 August, 2003 the Management Board of the National
Depositary for Securities took the resolution on conversion from 1
September, 2003 2,291,304 Series C registered shares of BPH PBK SA,
registered under the code PLBPH0000035, into bearer shares, registered
under the same code.

   Short Name: Bank Przemyslowo
   Category Code: CON
   Sequence Number: 00008987
   Time of Receipt (offset from UTC): 20030828T155657+0100

    --30--KO/uk*

    CONTACT: Bank Przemyslowo - Handlowy PBK SA

    KEYWORD: POLAND UNITED KINGDOM INTERNATIONAL EUROPE
    INDUSTRY KEYWORD: BANKING
    SOURCE: Bank Przemyslowo


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