11.03.2016

Standard and Poor's change in the rating outlook of mBank S.A. from negative to stable

Current Report

Drafted on:

11.03.2016

Current report No

18/2016

Abbreviated issuer's name

mBank

Contents:

The Management Board of mBank S.A. announces that on 11 March 2016 Standard & Poor's Rating Services _S&P_ changed the rating outlook of mBank S.A. _'BBB'; 'A2'_ from negative to stable in connection with a similar change in Commerzbank AG's rating outlook. mBank S.A.'s rating outlook had been negative since 3 February 2016, which the Management Board of mBank announced in current report no. 4/2016 dated 4 February 2016.

SIGNATURE OF THE PERSONS REPRESENTING THE COMPANY

President of the Management Board

Cezary Stypułkowski 11.03.2016

mBank SA issued this content on 11 March 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 17 March 2016 14:25:58 UTC

Original Document: https://www.mbank.pl/en/investor-relations/market-news/news.html?i=6929