Information and Reporing Unit, Banking Supervision Division					02/12/2003
Statement for the third quarter - bank
Bank Polska Kasa Opieki Tel Aviv (Bank Pekao) Ltd., Main data, NIS million
Taken from the quarterly report to 30.09.2003. Adjusted to the CPI for 09.2003.

Summary balance sheet	00.01.1900	00.01.1900	Bank's share of the banking system
Summary balance sheet	00.01.1900	00.01.1900	00.01.1900	00.01.1900
Cash and deposits in banks	0	0	0.0%	0.0%
Securities	0	0	0.0%	0.0%
Credit to the public	0	0	0.0%	0.0%
Credit to the government	0	0	0.0%	0.0%
Investments in companies included on an equity basis	0	0	0.0%	0.0%
Buildings and equipment	0	0	0.0%	0.0%
Other assets	0	0	0.0%	0.0%
Total assets	0	0	0.0%	0.0%
Deposits of the public	0	0	0.0%	0.0%
Deposits of banks	0	0	0.0%	0.0%
Deposits of the government	0	0	0.0%	0.0%
Bonds and subordinated notes	0	0	0.0%	0.0%
Other liabilities	0	0	0.0%	0.0%
Total liabilities	0	0	0.0%	0.0%
Quasi-capital items	0	0	0.0%	0.0%
Equity	0	0	0.0%	0.0%

Summary profit and loss statement	nine months to		Bank's share of the banking system		three months to
	nine months to		nine months to		three months to
	00.01.1900	00.01.1900	00.01.1900	00.01.1900	00.01.1900
Net interest profit before loan-loss provision	0.0	0.0	0.0%	0.0%	0.0
Loan-loss provision	0.0	0.0	0.0%	0.0%	0.0
Operating and other income	0.0	0.0	0.0%	0.0%	0.0
Of which: Operating income	0.0	0.0	0.0%	0.0%	0.0
Operating and other expenses	0.0	0.0	0.0%	0.0%	0.0
Of which: Salaries and related expenses	0.0	0.0	0.0%	0.0%	0.0
Ordinary profit before-tax provision	0.0	0.0	not calculated	not calculated	0.0
Provision for taxes on ordinary profit	0.0	0.0	not calculated	not calculated	0.0
Ordinary profit after-tax	0.0	0.0	not calculated	not calculated	0.0
Bank's share in the profit of subsidiaries	0.0	0.0			0.0
Share of minority shareholders in profit of consolidated companies
Extraordinary after-tax profit	0.0	0.0			0.0
Net profit	0.0	0.0	not calculated	not calculated	0.0
Profit after the effect of the difference between the known index and the "in lieu" index	0.0	0.0	not calculated	not calculated

Balances and rates of return on financial items by indexation base on 30.09.2003	Unindexed NIS	CPI-indexed NIS	Foreign Currency (1)	Total financial items
Balance of financial assets on balance-sheet date	0	0	0	0
Balance of financial liabilities on balance-sheet date	0	0	0	0
Excess of financial assets over financial liabilities	0	0	0	0
Total indexation balance (incl.forwards and options in term of basis assets)	0	0	0	0
Rate of income on assets (percent) 2	0.00	0.00	0.00	0.00
Rate of expenditure on liabilities (percent) 2	0.00	0.00	0.00	0.00
Interest-rate differential	0.00	0.00	0.00	0.00

Problem borrowers	00.01.1900	00.01.1900
Total credit risk dew to problem borrowers	0	0
Total credit to problem borrowers	0	0

Main financial ratios - consolidated (percent)	00.01.1900	00.01.1900
Equity/balance-sheet ratio	0.00	0.00
Finanancial capital/equity ratio	0.00	0.00
Equity/risk-weighted-assets ratio	0.00	0.00
Return on equity (net profit/gross weighted-capital ratio) 3	0.00	0.00
Operating income/operating expenses ratio 4	0.00	0.00

^{1 Including foreign-currency indexed NIS.}
^{2 Nine-month rate of income (expenses), on annual basis including hedging, embedded and ALM derivatives.}
^{3 Annual basis.}
^{4 For nine months. Comparative data are annual.}

					19