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					                               Template on International Reserves
                                                                                1/, 2/, 3/,
                             and Foreign Currency Liquidity
                                                                                                   4/
I.   Official reserve assets and other foreign currency assets (approximate market value)
     July, 2011                                                                               in mn USD


A. Official reserve assets                                                                      106,667
   1. Foreign currency reserves (in convertible foreign currencies)                              92,511
        a. Securities                                                                            84,746
               of which:
                    issuer headquartered in Poland but located abroad
        b. Total currency and deposits with:                                                       7,765
           i Other national central banks, BIS and IMF                                               327
           ii Banks headquartered in Poland
               of which:
                    located abroad
           iii Banks headquartered outside Poland                                                  7,438
               of which:
                    located in Poland
   2. IMF reserve position                                                                           813
   3. SDRs                                                                                         1,877
                                                                                   5/
   4. Gold (including gold deposits and, if appropriate, gold swapped)                             5,340
        - volume in fine troy ounces (mn)                                                          3.309
   5. Other reserve assets (specify)                                                               6,126
        - financial derivatives
        - loans to nonbank nonresidents
        - other                                                                                    6,126
B. Other foreign currency assets (specify)                                                         4,619
    - securities not included in official reserve assets
    - deposits not included in official reserve assets                                             4,619
    - loans not included in official reserve assets                                                    0
    - financial derivatives not included in official reserves assets                                   0
    - gold not included in official reserve assets                                                     0
    - other                                                                                            0

II. Predetermined short-term net drains on foreign currency assets (nominal value)
     July, 2011                                                                                                                                      in mn USD
                                                                                                            Maturity breakdown (residual maturity)

                                                 Items                                                                           More than 1      More than 3
                                                                                               Total          Up to 1 month     month and up to months and up to
                                                                                                                                  3 months           1 year

     1. Foreign currency loans, securities, and deposits         6/                               -7,994                  -47              -584         -7,363

                                    Principal                                                     -4,964                  -21              -252         -4,691
          - Outflows (-)
                                    Interest                                                      -3,084                  -27              -339         -2,718
                                    Principal                                                         44                    1                 1             42
          - inflows (+)
                                    Interest                                                          10                    0                 6              4
     2. Aggregate short and long positions in forwards and futures in foreign currencies                -                -                  -              -
         vis-a-vis the domestic currency (including the forward leg of currency swaps) 7/
        a. Short positions (-)                                                                         0
        b. Long positions (+)                                                                          0
     3. Other (specify)                                                                           -5,284              -5,282                    0              -2
         - outflows related to repos (-)                                                          -5,282              -5,282                    0               0
         - inflows related to reverse repos (+)                                                        0                 -                  -              -
         - trade credit (-)                                                                            0                 -                  -              -
         - trade credit (+)                                                                            0                 -                  -              -
         - other accounts payable (-)                                                                 -2                   0                    0              -2
         - other accounts receivable (+)                                                               0                   0                    0               0
III. Contingent short-term net drains on foreign currency assets (nominal value)
   July, 2011                                                                                                                                      in mn USD
                                                                                                          Maturity breakdown (residual maturity)

                                          Items                                                                                  More than 1      More than 3
                                                                                           Total            Up to 1 month       month and up to months and up to
                                                                                                                                  3 months           1 year

    1. Contingent liabilities in foreign currency                                                  -403                 -35                -29            -339
       a. Collateral guarantees on debt falling due within 1 year                                  -402                 -35                -28            -339
       b. Other contingent liabilities                                                               -1                   0                 -1               0
    2. Foreign currency securities issued with embedded options (puttable bonds)    8/



    3. Undrawn, unconditional credit lines 9/ provided by                                    31,910                         0                0          31,910
        a. Other national monethary authorities, BIS, IMF and other international            31,910                         0                0          31,910
             - other national monetary authorities (+)                                            0                         0                0               0
             - BIS (+)                                                                            0                         0                0               0
             - IMF (+)                                                                       30,726                         0                0          30,726
             - other international organizations (+)                                          1,184                         0                0           1,184
        b. with banks and other financial institutions headquartered in Poland (+)                0                         0                0               0
        c. with banks and other financial institutions headquartered outside Poland (+)           0                         0                0               0
       Undrawn, unconditional credit lines 9/ provided to                                      -359                         0                0            -359
        a. Other national monethary authorities, BIS, IMF and other international              -359                                                       -359
             - other national monetary authorities (-)                                         -359                                                       -359
             - BIS (-)                                                                            0
             - IMF (-)                                                                            0
             - other international organizations (-)                                              0
       b. with banks and other financial institutions headquartered in Poland (-)                 0
        c. with banks and other financial institutions headquartered outside Poland (-)           0
    4. Aggregate short and long positions of options in foreign currencies vis-a-vis the
       domestic currency 10/
        a. Short positions (-)                                                                       0                      0                0                0
           i. bought puts (-)                                                                        0
           ii. written calls (-)                                                                     0
        b. Long positions (+)                                                                        0                      0                0                0
           i. bought calls (+)                                                                       0
           ii. written puts (+)                                                                      0
PRO MEMORIA: In-the money options 11/
1. At current exchange rates
    a. Short position                                                                                0
    b. Long position                                                                                 0
2. + 5% (depreciation of 5%)
    a. Short position                                                                                0
    b. Long position                                                                                 0
3. - 5% (appreciation of 5%)
    a. Short position                                                                                0
    b. Long position                                                                                 0
4. + 10% (depreciation of 10%)
    a. Short position                                                                                0
    b. Long position                                                                                 0
5. - 10% (appreciation of 10%)
    a. Short position                                                                                0
    b. Long position                                                                                 0
6. Other (specify)
    a. Short position                                                                                0
    b. Long position                                                                                 0
IV. Memo items
    July, 2011                                                                                         in mn USD
                                                    Items
1. To be reported with standard periodicity and timeliness 12/
     a. short-term domestic currency debt indexed to the exchange rate
     b. financial instruments denominated in foreign currency and settled by other means (e.g.,
        in domestic currency) 13/
          - nondeliverable forwards
              - short positions
              - long positions
          - other instruments
     c. pladged assets 14/
          - included in reserve assets
          - included in other foreign currency assets
     d. securities lent and on repo 15/                                                                      844
          - lent or repoed and included in Table I (-)                                                    -5,282
          - lent or repoed but not included in Table I (-)
          - borrowed or acquired and included in Table 1 (+)
          - borrowed or acquired but not included in Table 1 (+)                                           6,126
     e. financial derivative assets (net, marked to market) 16/
          - forwards
          - futures
          - swaps
          - options
          - other
     f. derivatives (forward, futures, or options contracts) that have a residual maturity greater
        than one year, which are subject to margin calls
             aggregate short and long positions in forwards and futures in foreign currencies vis-
          -
             a-vis the domestic currency including the forward leg of currency swaps)
             a. short positions (-)
             b. long positions (+)
          - aggregate short and long positions in foreign currencies vis-a-vis the domestic currency
             a. short positions (-)
                 i.    bought puts (-)
                 ii.   written calls (-)
             b. long positions (+)
                 i.    bought calls (+)
                 ii.   written puts (+)
(2) Position at the end of month:
   (a) currency composition of reserves (by groups of currencies)                                       106,667
      —currencies in SDR basket                                                                          90,901
      —currencies not in SDR basket                                                                      15,766
                                   Template on International Reserves
                                                                                   1/, 2/, 3/,
                                  and Foreign Currency Liquidity
                                                                                                 4/
I.    Official reserve assets and other foreign currency assets (approximate market value)
      July, 2011                                                                                 in mn EUR


A.    Official reserve assets                                                                          74,724
      1.    Foreign currency reserves (in convertible foreign currencies)                              64,806
              a. Securities                                                                            59,367
                      of which:
                                  issuer headquartered in Poland but located abroad
              b. Total currency and deposits with:                                                       5,439
                  i   Other national central banks, BIS and IMF                                            230
                  ii  Banks headquartered in Poland
                      of which:
                                  located abroad
                  iii Banks headquartered outside Poland                                                 5,209
                      of which:
                                  located in Poland
      2.    IMF reserve position                                                                           570
      3.    SDRs                                                                                         1,315
      4.    Gold (including gold deposits and, if appropriate, gold swapped) 5/                          3,741
              - volume in fine troy ounces (mn)                                                          3.309
      5.    Other reserve assets (specify)                                                               4,292
              - financial derivatives
              - loans to nonbank nonresidents
              - other                                                                                    4,292
B.    Other foreign currency assets (specify)                                                            3,236
         - securities not included in official reserve assets                                                0
         - deposits not included in official reserve assets                                              3,236
         - loans not included in official reserve assets                                                     0
         - financial derivatives not included in official reserves assets                                    0
         - gold not included in official reserve assets                                                      0
         - other

II.   Predetermined short-term net drains on foreign currency assets (nominal value)
      July, 2011                                                                                                                                           in mn EUR
                                                                                                                  Maturity breakdown (residual maturity)

                                                    Items                                                                            More than 1    More than 3
                                                                                                      Total          Up to 1 month   month and up months and up to
                                                                                                                                      to 3 months      1 year

      1.                                                           6/                                   -5,601                 -33            -410            -5,158
           Foreign currency loans, securities, and deposits

                                            Principal                                                   -3,478                 -15            -177            -3,286
             -     Outflows (-)
                                            Interest                                                    -2,161                 -19            -238            -1,904
                                            Principal                                                       31                   1               1                29
             -     inflows (+)
                                            Interest                                                         7                   0               4                 3
      2.   Aggregate short and long positions in forwards and futures in foreign currencies
                                                                                                              -               -                -                -
           vis-a-vis the domestic currency (including the forward leg of currency swaps) 7/
            a. Short positions (-)                                                                           0
            b. Long positions (+)                                                                            0
      3.   Other (specify)                                                                              -3,702             -3,701                  0                -1
             - outflows related to repos (-)                                                            -3,701             -3,701                  0                 0
             - inflows related to reverse repos (+)                                                          0                  0                  0                 0
             - trade credit (-)                                                                              0                  0                  0                 0
             - trade credit (+)                                                                              0                  0                  0                 0
             - other accounts payable (-)                                                                   -1                  0                  0                -1
             - other accounts receivable (+)                                                                 0                  0                  0                 0
III. Contingent short-term net drains on foreign currency assets (nominal value)
    July, 2011                                                                                                                                             in mn EUR
                                                                                                                  Maturity breakdown (residual maturity)

                                               Items                                                                                  More than 1    More than 3
                                                                                                       Total          Up to 1 month   month and up months and up to
                                                                                                                                       to 3 months      1 year

      1. Contingent liabilities in foreign currency                                                            -282            -25              -20             -237
          a. Collateral guarantees on debt falling due within 1 year                                           -281            -25              -19             -237
          b. Other contingent liabilities                                                                        -1              0               -1                0
      2. Foreign currency securities issued with embedded options (puttable bonds)        8/



     3. Undrawn, unconditional credit lines 9/ provided by                                              22,354                    0               0           22,354
          a. Other national monethary authorities, BIS, IMF and other international organizations       22,354                    0               0           22,354
                  - other national monetary authorities (+)                                                  0
                  - BIS (+)                                                                                  0
                  - IMF (+)                                                                             21,525                                                21,525
                  - other international organizations (+)                                                  829                                                   829
          b. with banks and other financial institutions headquartered in Poland (+)                         0
          c. with banks and other financial institutions headquartered outside Poland (+)                    0
        Undrawn, unconditional credit lines 9/ provided to                                                -251                    0               0             -251
          a. Other national monethary authorities, BIS, IMF and other international organizations (-      -251                                                  -251
                  - other national monetary authorities (-)                                               -251                                                  -251
                  - BIS (-)                                                                                  0
                  - IMF (-)                                                                                  0
                  - other international organizations (-)                                                    0
          b. with banks and other financial institutions headquartered in Poland (-)                         0
          c. with banks and other financial institutions headquartered outside Poland (-)                    0
     4. Aggregate short and long positions of options in foreign currencies vis-a-vis the
        domestic currency 10/
          a. Short positions (-)                                                                                 0                0               0               0
               i. bought puts (-)                                                                                0
               ii. written calls (-)                                                                             0
          b. Long positions (+)                                                                                  0                0               0               0
               i. bought calls (+)                                                                               0
               ii. written puts (+)                                                                              0
PRO MEMORIA: In-the money options 11/
1. At current exchange rates
     a. Short position                                                                                           0
     b. Long position                                                                                            0
2. + 5% (depreciation of 5%)
     a. Short position                                                                                           0
     b. Long position                                                                                            0
3. - 5% (appreciation of 5%)
     a. Short position                                                                                           0
     b. Long position                                                                                            0
4. + 10% (depreciation of 10%)
     a. Short position                                                                                           0
     b. Long position                                                                                            0
5. - 10% (appreciation of 10%)
     a. Short position                                                                                           0
     b. Long position                                                                                            0
6. Other (specify)
     a. Short position                                                                                           0
     b. Long position                                                                                            0
IV. Memo items
     July, 2011                                                                                              in mn EUR
                                                      Items
1. To be reported with standard periodicity and timeliness 12/
       a. short-term domestic currency debt indexed to the exchange rate
       b. financial instruments denominated in foreign currency and settled by other means (e.g., in
           domestic currency) 13/
             - nondeliverable forwards
                   - short positions
                   - long positions
             - other instruments
       c. pladged assets 14/
             - included in reserve assets
             - included in other foreign currency assets
       d. securities lent and on repo 15/                                                                          591
             - lent or repoed and included in Table I (-)                                                       -3,701
             - lent or repoed but not included in Table I (-)
             - borrowed or acquired and included in Table 1 (+)
             - borrowed or acquired but not included in Table 1 (+)                                             4,292
       e. financial derivative assets (net, marked to market) 16/
             - forwards
             - futures
             - swaps
             - options
             - other
        f. derivatives (forward, futures, or options contracts) that have a residual maturity greater than
           one year, which are subject to margin calls
                 aggregate short and long positions in forwards and futures in foreign currencies vis-a-
             -
                 vis the domestic currency including the forward leg of currency swaps)
                  a. short positions (-)
                  b. long positions (+)
             - aggregate short and long positions in foreign currencies vis-a-vis the domestic currency
                 a. short positions (-)
                      i.            bought puts (-)
                      ii.           written calls (-)
                 b. long positions (+)
                      i.            bought calls (+)
                      ii.           written puts (+)
(2) Position at the end of month:
   (a) currency composition of reserves (by groups of currencies)                                            74,724
      —currencies in SDR basket                                                                              63,679
      —currencies not in SDR basket                                                                          11,045
                       Template on International Reserves
                                                                        1/, 2/, 3/,
                      and Foreign Currency Liquidity
                                                                                                                  4/
I.    Official reserve assets and other foreign currency assets (approximate market value)
      July, 2011                                                                           in mn PLN


A.    Official reserve assets                                                                299,829
      1.    Foreign currency reserves (in convertible foreign currencies)                    260,038
               a. Securities                                                                 238,211
                        of which:
                                    issuer headquartered in Poland but located
               b. Total currency and deposits with:                                           21,827
                   i    Other national central banks, BIS and IMF                                922
                   ii   Banks headquartered in Poland
                        of which:
                                    located abroad
                   iii  Banks headquartered outside Poland                                    20,905
                        of which:
                                    located in Poland
      2.    IMF reserve position                                                               2,286
      3.    SDRs                                                                               5,275
                                                                                      5/
      4.    Gold (including gold deposits and, if appropriate, gold swapped)                  15,009
                - volume in fine troy ounces (mn)                                              3.309
      5.    Other reserve assets (specify)                                                    17,221
                - financial derivatives
                - loans to nonbank nonresidents
                - other                                                                       17,221
B.    Other foreign currency assets (specify)                                                 12,984
         - securities not included in official reserve assets                                      0
         - deposits not included in official reserve assets                                   12,984
         - loans not included in official reserve assets                                           0
         - financial derivatives not included in official reserves assets                          0
         - gold not included in official reserve assets                                            0
         - other                                                                                   0

II.   Predetermined short-term net drains on foreign currency assets (nominal value)
      July, 2011                                                                                                                                  in mn PLN
                                                                                                         Maturity breakdown (residual maturity)

                                          Items                                                                               More than 1    More than 3
                                                                                             Total        Up to 1 month       month and up months and up to 1
                                                                                                                               to 3 months       year

      1.                                                           6/                        -22,468                   -129        -1,643           -20,696
            Foreign currency loans, securities, and deposits

                                                       Principal                             -13,952                    -58          -709           -13,185
              -    Outflows (-)
                                                       Interest                               -8,668                    -75          -953            -7,640
                                                       Principal                                 123                      3             3               117
              -    inflows (+)
                                                       Interest                                   29                      1            16                12
      2.    Aggregate short and long positions in forwards and futures in foreign
                                                                                                     -                 -              -                 -
            vis-a-vis the domestic currency (including the forward leg of currency
             a. Short positions (-)                                                                0
             b. Long positions (+)                                                                 0
      3.    Other (specify)                                                                  -14,854            -14,848                   -1                -5
              - outflows related to repos (-)                                                -14,848            -14,848                    0                 0
              - inflows related to reverse repos (+)                                               0                  0                    0                 0
              - trade credit (-)                                                                   0                  0                    0                 0
              - trade credit (+)                                                                   0                  0                    0                 0
              - other accounts payable (-)                                                        -6                  0                   -1                -5
              - other accounts receivable (+)                                                      0                  0                    0                 0
III.   Contingent short-term net drains on foreign currency assets (nominal value)
       July, 2011                                                                                                                        in mn PLN
                                                                                                Maturity breakdown (residual maturity)

                                      Items                                                                        More than 1    More than 3
                                                                                    Total        Up to 1 month     month and up months and up to 1
                                                                                                                    to 3 months       year

        1. Contingent liabilities in foreign currency                                 -1,133               -100              -81              -952
             a. Collateral guarantees on debt falling due within 1 year               -1,130               -100              -78              -952
             b. Other contingent liabilities                                              -3                  0               -3                 0
      2. Foreign currency securities issued with embedded options
           (puttable bonds) 8/
      3. Undrawn, unconditional credit lines 9/ provided by                          89,696                    0                0           89,696
             a. Other national monethary authorities, BIS, IMF and other             89,696                    0                0           89,696
                      - other national monetary authorities (+)                           0                    0                0                0
                      - BIS (+)                                                           0
                      - IMF (+)                                                      86,368                                                 86,368
                      - other international organizations (+)                         3,328                                                  3,328
             b. with banks and other financial institutions headquartered in              0
             c. with banks and other financial institutions headquartered outside         0
           Undrawn, unconditional credit lines 9/ provided to                        -1,008                    0                0           -1,008
             a. Other national monethary authorities, BIS, IMF and other             -1,008                                                 -1,008
                      - other national monetary authorities (-)                      -1,008                                                 -1,008
                      - BIS (-)                                                           0
                      - IMF (-)                                                           0
                      - other international organizations (-)                             0
             b. with banks and other financial institutions headquartered in              0
             c. with banks and other financial institutions headquartered outside         0
      4. Aggregate short and long positions of options in foreign currencies
           vis-a-vis the domestic currency 10/
             a. Short positions (-)                                                         0                  0                0               0
                  i.    bought puts (-)                                                     0
                  ii.   written calls (-)                                                   0
             b. Long positions (+)                                                          0                  0                0               0
                  i.    bought calls (+)                                                    0
                  ii.   written puts (+)                                                    0
PRO MEMORIA: In-the money options 11/
1.  At current exchange rates
      a. Short position                                                                     0
      b. Long position                                                                      0
2.  + 5% (depreciation of 5%)
      a. Short position                                                                     0
      b. Long position                                                                      0
3.  - 5% (appreciation of 5%)
      a. Short position                                                                     0
      b. Long position                                                                      0
4.  + 10% (depreciation of 10%)
      a. Short position                                                                     0
      b. Long position                                                                      0
5.  - 10% (appreciation of 10%)
      a. Short position                                                                     0
      b. Long position                                                                      0
6.  Other (specify)
      a. Short position                                                                     0
      b. Long position                                                                      0
IV.   Memo items
      July, 2011                                                                                  in mn PLN
                                             Items
1.     To be reported with standard periodicity and timeliness 12/
        a. short-term domestic currency debt indexed to the exchange rate
        b. financial instruments denominated in foreign currency and settled by
             other means (e.g., in domestic currency) 13/
               - nondeliverable forwards
                     - short positions
                     - long positions
               - other instruments
        c. pladged assets 14/
                - included in reserve assets
                - included in other foreign currency assets
        d. securities lent and on repo 15/                                                             2,373
                - lent or repoed and included in Table I (-)                                         -14,848
                - lent or repoed but not included in Table I (-)
                - borrowed or acquired and included in Table 1 (+)
                - borrowed or acquired but not included in Table 1 (+)                                17,221
        e. financial derivative assets (net, marked to market) 16/
                - forwards
                - futures
                - swaps
                - options
                - other
         f. derivatives (forward, futures, or options contracts) that have a residual
             maturity greater than one year, which are subject to margin calls
                   aggregate short and long positions in forwards and futures in
                -
                   foreign currencies vis-a-vis the domestic currency including the
                    a. short positions (-)
                     b. long positions (+)
                - aggregate short and long positions in foreign currencies vis-a-vis the domestic currency
                   a. short positions (-)
                         i.           bought puts (-)
                         ii.          written calls (-)
                   b. long positions (+)
                         i.           bought calls (+)
                         ii.          written puts (+)
(2) Position at the end of month:
   (a) currency composition of reserves (by groups of currencies)                                   299,829
      —currencies in SDR basket                                                                     255,512
      —currencies not in SDR basket                                                                  44,317
                               Template on International Reserves
                                                                                1/, 2/, 3/,
                             and Foreign Currency Liquidity
                                                                                                   4/
I.   Official reserve assets and other foreign currency assets (approximate market value)
     June, 2011                                                                               in mn USD


A. Official reserve assets                                                                      109,146
   1. Foreign currency reserves (in convertible foreign currencies)                              93,924
        a. Securities                                                                            83,453
               of which:
                    issuer headquartered in Poland but located abroad
        b. Total currency and deposits with:                                                     10,471
           i Other national central banks, BIS and IMF                                              364
           ii Banks headquartered in Poland
               of which:
                    located abroad
           iii Banks headquartered outside Poland                                                10,107
               of which:
                    located in Poland
   2. IMF reserve position                                                                           788
   3. SDRs                                                                                         1,877
                                                                                   5/
   4. Gold (including gold deposits and, if appropriate, gold swapped)                             4,990
        - volume in fine troy ounces (mn)                                                          3.309
   5. Other reserve assets (specify)                                                               7,567
        - financial derivatives
        - loans to nonbank nonresidents
        - other                                                                                    7,566
B. Other foreign currency assets (specify)                                                           331
    - securities not included in official reserve assets
    - deposits not included in official reserve assets                                                  331
    - loans not included in official reserve assets                                                       0
    - financial derivatives not included in official reserves assets                                      0
    - gold not included in official reserve assets                                                        0
    - other                                                                                               0

II. Predetermined short-term net drains on foreign currency assets (nominal value)
     June, 2011                                                                                                                                        in mn USD
                                                                                                              Maturity breakdown (residual maturity)

                                                 Items                                                                             More than 1      More than 3
                                                                                               Total            Up to 1 month     month and up to months and up to
                                                                                                                                    3 months           1 year

     1. Foreign currency loans, securities, and deposits         6/                               -7,919                  -250               -274         -7,395

                                    Principal                                                     -4,917                   -24               -135         -4,758
          - Outflows (-)
                                    Interest                                                      -3,058                  -226               -143         -2,689
                                    Principal                                                         44                     0                  2             42
          - inflows (+)
                                    Interest                                                          12                     0                  2             10
     2. Aggregate short and long positions in forwards and futures in foreign currencies                -                  -                  -              -
         vis-a-vis the domestic currency (including the forward leg of currency swaps) 7/
        a. Short positions (-)                                                                         0
        b. Long positions (+)                                                                          0
     3. Other (specify)                                                                           -5,993                -5,992                    0              -1
         - outflows related to repos (-)                                                          -5,992                -5,992                    0               0
         - inflows related to reverse repos (+)                                                        0                   -                  -              -
         - trade credit (-)                                                                            0                   -                  -              -
         - trade credit (+)                                                                            0                   -                  -              -
         - other accounts payable (-)                                                                 -1                     0                    0              -1
         - other accounts receivable (+)                                                               0                     0                    0               0
III. Contingent short-term net drains on foreign currency assets (nominal value)
   June, 2011                                                                                                                                      in mn USD
                                                                                                          Maturity breakdown (residual maturity)

                                          Items                                                                                  More than 1      More than 3
                                                                                           Total            Up to 1 month       month and up to months and up to
                                                                                                                                  3 months           1 year

    1. Contingent liabilities in foreign currency                                                  -405                  -1                -57            -347
       a. Collateral guarantees on debt falling due within 1 year                                  -404                  -1                -56            -347
       b. Other contingent liabilities                                                               -1                   0                 -1               0
    2. Foreign currency securities issued with embedded options (puttable bonds)    8/



    3. Undrawn, unconditional credit lines 9/ provided by                                    33,035                         0                0          33,035
        a. Other national monethary authorities, BIS, IMF and other international            33,035                         0                0          33,035
             - other national monetary authorities (+)                                            0                         0                0               0
             - BIS (+)                                                                            0                         0                0               0
             - IMF (+)                                                                       30,747                         0                0          30,747
             - other international organizations (+)                                          2,288                         0                0           2,288
        b. with banks and other financial institutions headquartered in Poland (+)                0                         0                0               0
        c. with banks and other financial institutions headquartered outside Poland (+)           0                         0                0               0
       Undrawn, unconditional credit lines 9/ provided to                                      -364                         0                0            -364
        a. Other national monethary authorities, BIS, IMF and other international              -364                                                       -364
             - other national monetary authorities (-)                                         -364                                                       -364
             - BIS (-)                                                                            0
             - IMF (-)                                                                            0
             - other international organizations (-)                                              0
       b. with banks and other financial institutions headquartered in Poland (-)                 0
        c. with banks and other financial institutions headquartered outside Poland (-)           0
    4. Aggregate short and long positions of options in foreign currencies vis-a-vis the
       domestic currency 10/
        a. Short positions (-)                                                                       0                      0                0                0
           i. bought puts (-)                                                                        0
           ii. written calls (-)                                                                     0
        b. Long positions (+)                                                                        0                      0                0                0
           i. bought calls (+)                                                                       0
           ii. written puts (+)                                                                      0
PRO MEMORIA: In-the money options 11/
1. At current exchange rates
    a. Short position                                                                                0
    b. Long position                                                                                 0
2. + 5% (depreciation of 5%)
    a. Short position                                                                                0
    b. Long position                                                                                 0
3. - 5% (appreciation of 5%)
    a. Short position                                                                                0
    b. Long position                                                                                 0
4. + 10% (depreciation of 10%)
    a. Short position                                                                                0
    b. Long position                                                                                 0
5. - 10% (appreciation of 10%)
    a. Short position                                                                                0
    b. Long position                                                                                 0
6. Other (specify)
    a. Short position                                                                                0
    b. Long position                                                                                 0
IV. Memo items
    June, 2011                                                                                         in mn USD
                                                    Items
1. To be reported with standard periodicity and timeliness 12/
     a. short-term domestic currency debt indexed to the exchange rate
     b. financial instruments denominated in foreign currency and settled by other means (e.g.,
        in domestic currency) 13/
          - nondeliverable forwards
              - short positions
              - long positions
          - other instruments
     c. pladged assets 14/
          - included in reserve assets
          - included in other foreign currency assets
     d. securities lent and on repo 15/                                                                    1,575
          - lent or repoed and included in Table I (-)                                                    -5,992
          - lent or repoed but not included in Table I (-)
          - borrowed or acquired and included in Table 1 (+)
          - borrowed or acquired but not included in Table 1 (+)                                           7,567
     e. financial derivative assets (net, marked to market) 16/
          - forwards
          - futures
          - swaps
          - options
          - other
     f. derivatives (forward, futures, or options contracts) that have a residual maturity greater
        than one year, which are subject to margin calls
             aggregate short and long positions in forwards and futures in foreign currencies vis-
          -
             a-vis the domestic currency including the forward leg of currency swaps)
             a. short positions (-)
             b. long positions (+)
          - aggregate short and long positions in foreign currencies vis-a-vis the domestic currency
             a. short positions (-)
                 i.    bought puts (-)
                 ii.   written calls (-)
             b. long positions (+)
                 i.    bought calls (+)
                 ii.   written puts (+)
(2) Position at the end of month:
   (a) currency composition of reserves (by groups of currencies)                                       109,146
      —currencies in SDR basket                                                                          91,947
      —currencies not in SDR basket                                                                      17,199
                                  Template on International Reserves
                                                                                   1/, 2/, 3/,
                                and Foreign Currency Liquidity
                                                                                                 4/
I.    Official reserve assets and other foreign currency assets (approximate market value)
      June, 2011                                                                                 in mn EUR


A.    Official reserve assets                                                                          75,337
      1.    Foreign currency reserves (in convertible foreign currencies)                              64,830
              a. Securities                                                                            57,602
                      of which:
                                  issuer headquartered in Poland but located abroad
              b. Total currency and deposits with:                                                       7,228
                  i   Other national central banks, BIS and IMF                                            252
                  ii  Banks headquartered in Poland
                      of which:
                                  located abroad
                  iii Banks headquartered outside Poland                                                 6,976
                      of which:
                                  located in Poland
      2.    IMF reserve position                                                                           544
      3.    SDRs                                                                                         1,296
      4.    Gold (including gold deposits and, if appropriate, gold swapped) 5/                          3,444
              - volume in fine troy ounces (mn)                                                          3.309
      5.    Other reserve assets (specify)                                                               5,223
              - financial derivatives
              - loans to nonbank nonresidents
              - other                                                                                    5,223
B.    Other foreign currency assets (specify)                                                              229
         - securities not included in official reserve assets                                                0
         - deposits not included in official reserve assets                                                229
         - loans not included in official reserve assets                                                     0
         - financial derivatives not included in official reserves assets                                    0
         - gold not included in official reserve assets                                                      0
         - other

II.   Predetermined short-term net drains on foreign currency assets (nominal value)
      June, 2011                                                                                                                                           in mn EUR
                                                                                                                  Maturity breakdown (residual maturity)

                                                    Items                                                                            More than 1    More than 3
                                                                                                      Total          Up to 1 month   month and up months and up to
                                                                                                                                      to 3 months      1 year

      1.                                                           6/                                   -5,467               -173             -190            -5,104
           Foreign currency loans, securities, and deposits

                                            Principal                                                   -3,394                -17               -93           -3,284
             -   Outflows (-)
                                            Interest                                                    -2,111               -156               -99           -1,856
                                            Principal                                                       30                  0                 1               29
             -   inflows (+)
                                            Interest                                                         8                  0                 1                7
      2.   Aggregate short and long positions in forwards and futures in foreign currencies
                                                                                                              -               -                -                -
           vis-a-vis the domestic currency (including the forward leg of currency swaps) 7/
            a. Short positions (-)                                                                           0
            b. Long positions (+)                                                                            0
      3.   Other (specify)                                                                              -4,137             -4,136                  0                -1
             - outflows related to repos (-)                                                            -4,136             -4,136                  0                 0
             - inflows related to reverse repos (+)                                                          0                  0                  0                 0
             - trade credit (-)                                                                              0                  0                  0                 0
             - trade credit (+)                                                                              0                  0                  0                 0
             - other accounts payable (-)                                                                   -1                  0                  0                -1
             - other accounts receivable (+)                                                                 0                  0                  0                 0
III. Contingent short-term net drains on foreign currency assets (nominal value)
    June, 2011                                                                                                                                             in mn EUR
                                                                                                                  Maturity breakdown (residual maturity)

                                               Items                                                                                  More than 1    More than 3
                                                                                                       Total          Up to 1 month   month and up months and up to
                                                                                                                                       to 3 months      1 year

      1. Contingent liabilities in foreign currency                                                            -280              -1             -40             -239
          a. Collateral guarantees on debt falling due within 1 year                                           -279              -1             -39             -239
          b. Other contingent liabilities                                                                        -1               0              -1                0
      2. Foreign currency securities issued with embedded options (puttable bonds)        8/



     3. Undrawn, unconditional credit lines 9/ provided by                                              22,802                    0               0           22,802
          a. Other national monethary authorities, BIS, IMF and other international organizations       22,802                    0               0           22,802
                  - other national monetary authorities (+)                                                  0
                  - BIS (+)                                                                                  0
                  - IMF (+)                                                                             21,223                                                21,223
                  - other international organizations (+)                                                1,579                                                 1,579
          b. with banks and other financial institutions headquartered in Poland (+)                         0
          c. with banks and other financial institutions headquartered outside Poland (+)                    0
        Undrawn, unconditional credit lines 9/ provided to                                                -251                    0               0             -251
          a. Other national monethary authorities, BIS, IMF and other international organizations (-      -251                                                  -251
                  - other national monetary authorities (-)                                               -251                                                  -251
                  - BIS (-)                                                                                  0
                  - IMF (-)                                                                                  0
                  - other international organizations (-)                                                    0
          b. with banks and other financial institutions headquartered in Poland (-)                         0
          c. with banks and other financial institutions headquartered outside Poland (-)                    0
     4. Aggregate short and long positions of options in foreign currencies vis-a-vis the
        domestic currency 10/
          a. Short positions (-)                                                                                 0                0               0               0
               i. bought puts (-)                                                                                0
               ii. written calls (-)                                                                             0
          b. Long positions (+)                                                                                  0                0               0               0
               i. bought calls (+)                                                                               0
               ii. written puts (+)                                                                              0
PRO MEMORIA: In-the money options 11/
1. At current exchange rates
     a. Short position                                                                                           0
     b. Long position                                                                                            0
2. + 5% (depreciation of 5%)
     a. Short position                                                                                           0
     b. Long position                                                                                            0
3. - 5% (appreciation of 5%)
     a. Short position                                                                                           0
     b. Long position                                                                                            0
4. + 10% (depreciation of 10%)
     a. Short position                                                                                           0
     b. Long position                                                                                            0
5. - 10% (appreciation of 10%)
     a. Short position                                                                                           0
     b. Long position                                                                                            0
6. Other (specify)
     a. Short position                                                                                           0
     b. Long position                                                                                            0
IV. Memo items
     June, 2011                                                                                              in mn EUR
                                                      Items
1. To be reported with standard periodicity and timeliness 12/
       a. short-term domestic currency debt indexed to the exchange rate
       b. financial instruments denominated in foreign currency and settled by other means (e.g., in
           domestic currency) 13/
             - nondeliverable forwards
                   - short positions
                   - long positions
             - other instruments
       c. pladged assets 14/
             - included in reserve assets
             - included in other foreign currency assets
       d. securities lent and on repo 15/                                                                        1,087
             - lent or repoed and included in Table I (-)                                                       -4,136
             - lent or repoed but not included in Table I (-)
             - borrowed or acquired and included in Table 1 (+)
             - borrowed or acquired but not included in Table 1 (+)                                             5,223
       e. financial derivative assets (net, marked to market) 16/
             - forwards
             - futures
             - swaps
             - options
             - other
        f. derivatives (forward, futures, or options contracts) that have a residual maturity greater than
           one year, which are subject to margin calls
                 aggregate short and long positions in forwards and futures in foreign currencies vis-a-
             -
                 vis the domestic currency including the forward leg of currency swaps)
                  a. short positions (-)
                  b. long positions (+)
             - aggregate short and long positions in foreign currencies vis-a-vis the domestic currency
                 a. short positions (-)
                      i.            bought puts (-)
                      ii.           written calls (-)
                 b. long positions (+)
                      i.            bought calls (+)
                      ii.           written puts (+)
(2) Position at the end of month:
   (a) currency composition of reserves (by groups of currencies)                                            75,337
      —currencies in SDR basket                                                                              63,466
      —currencies not in SDR basket                                                                          11,871
                       Template on International Reserves
                                                                        1/, 2/, 3/,
                      and Foreign Currency Liquidity
                                                                                                                  4/
I.    Official reserve assets and other foreign currency assets (approximate market value)
      June, 2011                                                                           in mn PLN


A.    Official reserve assets                                                                300,338
      1.    Foreign currency reserves (in convertible foreign currencies)                    258,453
               a. Securities                                                                 229,637
                        of which:
                                    issuer headquartered in Poland but located
               b. Total currency and deposits with:                                           28,816
                   i    Other national central banks, BIS and IMF                              1,005
                   ii   Banks headquartered in Poland
                        of which:
                                    located abroad
                   iii  Banks headquartered outside Poland                                    27,811
                        of which:
                                    located in Poland
      2.    IMF reserve position                                                               2,167
      3.    SDRs                                                                               5,165
                                                                                      5/
      4.    Gold (including gold deposits and, if appropriate, gold swapped)                  13,731
                - volume in fine troy ounces (mn)                                              3.309
      5.    Other reserve assets (specify)                                                    20,822
                - financial derivatives
                - loans to nonbank nonresidents
                - other                                                                       20,822
B.    Other foreign currency assets (specify)                                                    912
         - securities not included in official reserve assets                                      0
         - deposits not included in official reserve assets                                      912
         - loans not included in official reserve assets                                           0
         - financial derivatives not included in official reserves assets                          0
         - gold not included in official reserve assets                                            0
         - other                                                                                   0

II.   Predetermined short-term net drains on foreign currency assets (nominal value)
      June, 2011                                                                                                                                  in mn PLN
                                                                                                         Maturity breakdown (residual maturity)

                                          Items                                                                               More than 1    More than 3
                                                                                             Total        Up to 1 month       month and up months and up to 1
                                                                                                                               to 3 months       year

      1.                                                           6/                        -21,796                   -688          -755           -20,353
            Foreign currency loans, securities, and deposits

                                                       Principal                             -13,532                    -67          -372           -13,093
              -    Outflows (-)
                                                       Interest                               -8,415                   -622          -393            -7,400
                                                       Principal                                 120                      1             5               114
              -    inflows (+)
                                                       Interest                                   31                      0             5                26
      2.    Aggregate short and long positions in forwards and futures in foreign
                                                                                                     -                 -              -                 -
            vis-a-vis the domestic currency (including the forward leg of currency
             a. Short positions (-)                                                                0
             b. Long positions (+)                                                                 0
      3.    Other (specify)                                                                  -16,493            -16,488                   -1                -4
              - outflows related to repos (-)                                                -16,487            -16,487                    0                 0
              - inflows related to reverse repos (+)                                               0                  0                    0                 0
              - trade credit (-)                                                                   0                  0                    0                 0
              - trade credit (+)                                                                   0                  0                    0                 0
              - other accounts payable (-)                                                        -6                 -1                   -1                -4
              - other accounts receivable (+)                                                      0                  0                    0                 0
III.   Contingent short-term net drains on foreign currency assets (nominal value)
       June, 2011                                                                                                                        in mn PLN
                                                                                                Maturity breakdown (residual maturity)

                                      Items                                                                        More than 1    More than 3
                                                                                    Total        Up to 1 month     month and up months and up to 1
                                                                                                                    to 3 months       year

        1. Contingent liabilities in foreign currency                                 -1,115                  -4            -157              -954
             a. Collateral guarantees on debt falling due within 1 year               -1,112                  -4            -154              -954
             b. Other contingent liabilities                                              -3                   0              -3                 0
      2. Foreign currency securities issued with embedded options
           (puttable bonds) 8/
      3. Undrawn, unconditional credit lines 9/ provided by                          90,902                    0                0           90,902
             a. Other national monethary authorities, BIS, IMF and other             90,902                    0                0           90,902
                      - other national monetary authorities (+)                           0                    0                0                0
                      - BIS (+)                                                           0
                      - IMF (+)                                                      84,606                                                 84,606
                      - other international organizations (+)                         6,296                                                  6,296
             b. with banks and other financial institutions headquartered in              0
             c. with banks and other financial institutions headquartered outside         0
           Undrawn, unconditional credit lines 9/ provided to                        -1,001                    0                0           -1,001
             a. Other national monethary authorities, BIS, IMF and other             -1,001                                                 -1,001
                      - other national monetary authorities (-)                      -1,001                                                 -1,001
                      - BIS (-)                                                           0
                      - IMF (-)                                                           0
                      - other international organizations (-)                             0
             b. with banks and other financial institutions headquartered in              0
             c. with banks and other financial institutions headquartered outside         0
      4. Aggregate short and long positions of options in foreign currencies
           vis-a-vis the domestic currency 10/
             a. Short positions (-)                                                         0                  0                0               0
                  i.    bought puts (-)                                                     0
                  ii.   written calls (-)                                                   0
             b. Long positions (+)                                                          0                  0                0               0
                  i.    bought calls (+)                                                    0
                  ii.   written puts (+)                                                    0
PRO MEMORIA: In-the money options 11/
1.  At current exchange rates
      a. Short position                                                                     0
      b. Long position                                                                      0
2.  + 5% (depreciation of 5%)
      a. Short position                                                                     0
      b. Long position                                                                      0
3.  - 5% (appreciation of 5%)
      a. Short position                                                                     0
      b. Long position                                                                      0
4.  + 10% (depreciation of 10%)
      a. Short position                                                                     0
      b. Long position                                                                      0
5.  - 10% (appreciation of 10%)
      a. Short position                                                                     0
      b. Long position                                                                      0
6.  Other (specify)
      a. Short position                                                                     0
      b. Long position                                                                      0
IV.   Memo items
      June, 2011                                                                                  in mn PLN
                                             Items
1.     To be reported with standard periodicity and timeliness 12/
        a. short-term domestic currency debt indexed to the exchange rate
        b. financial instruments denominated in foreign currency and settled by
             other means (e.g., in domestic currency) 13/
               - nondeliverable forwards
                     - short positions
                     - long positions
               - other instruments
        c. pladged assets 14/
                - included in reserve assets
                - included in other foreign currency assets
        d. securities lent and on repo 15/                                                             4,335
                - lent or repoed and included in Table I (-)                                         -16,487
                - lent or repoed but not included in Table I (-)
                - borrowed or acquired and included in Table 1 (+)
                - borrowed or acquired but not included in Table 1 (+)                                20,822
        e. financial derivative assets (net, marked to market) 16/
                - forwards
                - futures
                - swaps
                - options
                - other
         f. derivatives (forward, futures, or options contracts) that have a residual
             maturity greater than one year, which are subject to margin calls
                   aggregate short and long positions in forwards and futures in
                -
                   foreign currencies vis-a-vis the domestic currency including the
                    a. short positions (-)
                     b. long positions (+)
                - aggregate short and long positions in foreign currencies vis-a-vis the domestic currency
                   a. short positions (-)
                         i.           bought puts (-)
                         ii.          written calls (-)
                   b. long positions (+)
                         i.           bought calls (+)
                         ii.          written puts (+)
(2) Position at the end of month:
   (a) currency composition of reserves (by groups of currencies)                                   300,338
      —currencies in SDR basket                                                                     253,012
      —currencies not in SDR basket                                                                  47,326
                               Template on International Reserves
                                                                                1/, 2/, 3/,
                             and Foreign Currency Liquidity
                                                                                                   4/
I.   Official reserve assets and other foreign currency assets (approximate market value)
     May, 2011                                                                                in mn USD


A. Official reserve assets                                                                      107,608
   1. Foreign currency reserves (in convertible foreign currencies)                              93,077
        a. Securities                                                                            82,939
               of which:
                    issuer headquartered in Poland but located abroad
        b. Total currency and deposits with:                                                     10,138
           i Other national central banks, BIS and IMF                                              375
           ii Banks headquartered in Poland
               of which:
                    located abroad
           iii Banks headquartered outside Poland                                                  9,763
               of which:
                    located in Poland
   2. IMF reserve position                                                                           790
   3. SDRs                                                                                         1,882
                                                                                   5/
   4. Gold (including gold deposits and, if appropriate, gold swapped)                             5,086
        - volume in fine troy ounces (mn)                                                          3.309
   5. Other reserve assets (specify)                                                               6,773
        - financial derivatives
        - loans to nonbank nonresidents
        - other                                                                                    6,772
B. Other foreign currency assets (specify)                                                           344
    - securities not included in official reserve assets
    - deposits not included in official reserve assets                                                  344
    - loans not included in official reserve assets
    - financial derivatives not included in official reserves assets
    - gold not included in official reserve assets
    - other

II. Predetermined short-term net drains on foreign currency assets (nominal value)
     May, 2011                                                                                                                                         in mn USD
                                                                                                              Maturity breakdown (residual maturity)

                                                 Items                                                                             More than 1      More than 3
                                                                                               Total            Up to 1 month     month and up to months and up to
                                                                                                                                    3 months           1 year

     1. Foreign currency loans, securities, and deposits         6/                               -5,614                  -413               -449         -4,752

                                    Principal                                                     -2,708                  -177               -127         -2,404
          - Outflows (-)
                                    Interest                                                      -2,960                  -251               -323         -2,386
                                    Principal                                                         42                    13                  1             28
          - inflows (+)
                                    Interest                                                          12                     2                  0             10
     2. Aggregate short and long positions in forwards and futures in foreign currencies                -                  -                  -              -
         vis-a-vis the domestic currency (including the forward leg of currency swaps) 7/
        a. Short positions (-)                                                                         0
        b. Long positions (+)                                                                          0
     3. Other (specify)                                                                           -5,400                -5,399                    0              -1
         - outflows related to repos (-)                                                          -5,399                -5,399                    0               0
         - inflows related to reverse repos (+)                                                        0                   -                  -              -
         - trade credit (-)                                                                            0                   -                  -              -
         - trade credit (+)                                                                            0                   -                  -              -
         - other accounts payable (-)                                                                 -1                     0                    0              -1
         - other accounts receivable (+)                                                               0
III. Contingent short-term net drains on foreign currency assets (nominal value)
   May, 2011                                                                                                                                       in mn USD
                                                                                                          Maturity breakdown (residual maturity)

                                          Items                                                                                  More than 1      More than 3
                                                                                           Total            Up to 1 month       month and up to months and up to
                                                                                                                                  3 months           1 year

    1. Contingent liabilities in foreign currency                                                  -397                 -60                -42            -295
       a. Collateral guarantees on debt falling due within 1 year                                  -396                 -60                -42            -294
       b. Other contingent liabilities                                                               -1                   0                  0              -1
    2. Foreign currency securities issued with embedded options (puttable bonds)    8/



    3. Undrawn, unconditional credit lines 9/ provided by                                    32,027                         0                0          32,027
        a. Other national monethary authorities, BIS, IMF and other international            32,027                         0                0          32,027
             - other national monetary authorities (+)                                            0
             - BIS (+)                                                                            0
             - IMF (+)                                                                       30,832                                                     30,832
             - other international organizations (+)                                          1,195                                                      1,195
        b. with banks and other financial institutions headquartered in Poland (+)                0
        c. with banks and other financial institutions headquartered outside Poland (+)           0
       Undrawn, unconditional credit lines 9/ provided to                                      -368                         0                0            -368
        a. Other national monethary authorities, BIS, IMF and other international              -368                                                       -368
             - other national monetary authorities (-)                                         -368                                                       -368
             - BIS (-)                                                                            0
             - IMF (-)                                                                            0
             - other international organizations (-)                                              0
       b. with banks and other financial institutions headquartered in Poland (-)                 0
        c. with banks and other financial institutions headquartered outside Poland (-)           0
    4. Aggregate short and long positions of options in foreign currencies vis-a-vis the
       domestic currency 10/
        a. Short positions (-)                                                                       0                      0                0                0
           i. bought puts (-)                                                                        0
           ii. written calls (-)                                                                     0
        b. Long positions (+)                                                                        0                      0                0                0
           i. bought calls (+)                                                                       0
           ii. written puts (+)                                                                      0
PRO MEMORIA: In-the money options 11/
1. At current exchange rates
    a. Short position                                                                                0
    b. Long position                                                                                 0
2. + 5% (depreciation of 5%)
    a. Short position                                                                                0
    b. Long position                                                                                 0
3. - 5% (appreciation of 5%)
    a. Short position                                                                                0
    b. Long position                                                                                 0
4. + 10% (depreciation of 10%)
    a. Short position                                                                                0
    b. Long position                                                                                 0
5. - 10% (appreciation of 10%)
    a. Short position                                                                                0
    b. Long position                                                                                 0
6. Other (specify)
    a. Short position                                                                                0
    b. Long position                                                                                 0
IV. Memo items
    May, 2011                                                                                          in mn USD
                                                    Items
1. To be reported with standard periodicity and timeliness 12/
     a. short-term domestic currency debt indexed to the exchange rate
     b. financial instruments denominated in foreign currency and settled by other means (e.g.,
        in domestic currency) 13/
          - nondeliverable forwards
              - short positions
              - long positions
          - other instruments
     c. pladged assets 14/
          - included in reserve assets
          - included in other foreign currency assets
     d. securities lent and on repo 15/                                                                    1,374
          - lent or repoed and included in Table I (-)                                                    -5,399
          - lent or repoed but not included in Table I (-)
          - borrowed or acquired and included in Table 1 (+)
          - borrowed or acquired but not included in Table 1 (+)                                           6,773
     e. financial derivative assets (net, marked to market) 16/
          - forwards
          - futures
          - swaps
          - options
          - other
     f. derivatives (forward, futures, or options contracts) that have a residual maturity greater
        than one year, which are subject to margin calls
             aggregate short and long positions in forwards and futures in foreign currencies vis-
          -
             a-vis the domestic currency including the forward leg of currency swaps)
             a. short positions (-)
             b. long positions (+)
          - aggregate short and long positions in foreign currencies vis-a-vis the domestic currency
             a. short positions (-)
                 i.    bought puts (-)
                 ii.   written calls (-)
             b. long positions (+)
                 i.    bought calls (+)
                 ii.   written puts (+)
(2) Position at the end of month:
   (a) currency composition of reserves (by groups of currencies)                                       107,608
      —currencies in SDR basket                                                                          90,465
      —currencies not in SDR basket                                                                      17,143
                                  Template on International Reserves
                                                                                   1/, 2/, 3/,
                                 and Foreign Currency Liquidity
                                                                                                 4/
I.    Official reserve assets and other foreign currency assets (approximate market value)
      May, 2011                                                                                  in mn EUR


A.    Official reserve assets                                                                          74,699
      1.    Foreign currency reserves (in convertible foreign currencies)                              64,612
              a. Securities                                                                            57,575
                      of which:
                                  issuer headquartered in Poland but located abroad
              b. Total currency and deposits with:                                                       7,037
                  i   Other national central banks, BIS and IMF                                            261
                  ii  Banks headquartered in Poland
                      of which:
                                  located abroad
                  iii Banks headquartered outside Poland                                                 6,776
                      of which:
                                  located in Poland
      2.    IMF reserve position                                                                           548
      3.    SDRs                                                                                         1,307
      4.    Gold (including gold deposits and, if appropriate, gold swapped) 5/                          3,530
              - volume in fine troy ounces (mn)                                                          3.309
      5.    Other reserve assets (specify)                                                               4,702
              - financial derivatives
              - loans to nonbank nonresidents
              - other                                                                                    4,702
B.    Other foreign currency assets (specify)                                                              239
         - securities not included in official reserve assets                                                0
         - deposits not included in official reserve assets                                                239
         - loans not included in official reserve assets
         - financial derivatives not included in official reserves assets
         - gold not included in official reserve assets
         - other

II.   Predetermined short-term net drains on foreign currency assets (nominal value)
      May, 2011                                                                                                                                            in mn EUR
                                                                                                                  Maturity breakdown (residual maturity)

                                                    Items                                                                            More than 1    More than 3
                                                                                                      Total          Up to 1 month   month and up months and up to
                                                                                                                                      to 3 months      1 year

      1.                                                           6/                                   -3,896               -287             -311            -3,298
           Foreign currency loans, securities, and deposits

                                            Principal                                                   -1,880               -123              -88            -1,669
             -    Outflows (-)
                                            Interest                                                    -2,054               -174             -224            -1,656
                                            Principal                                                       30                  9                1                20
             -    inflows (+)
                                            Interest                                                         8                  1                0                 7
      2.   Aggregate short and long positions in forwards and futures in foreign currencies
                                                                                                              -               -                -                -
           vis-a-vis the domestic currency (including the forward leg of currency swaps) 7/
            a. Short positions (-)                                                                           0
            b. Long positions (+)                                                                            0
      3.   Other (specify)                                                                              -3,749             -3,748                  0                -1
             - outflows related to repos (-)                                                            -3,748             -3,748                  0                 0
             - inflows related to reverse repos (+)                                                          0                  0                  0                 0
             - trade credit (-)                                                                              0                  0                  0                 0
             - trade credit (+)                                                                              0                  0                  0                 0
             - other accounts payable (-)                                                                   -1                  0                  0                -1
             - other accounts receivable (+)                                                                 0
III. Contingent short-term net drains on foreign currency assets (nominal value)
    May, 2011                                                                                                                                              in mn EUR
                                                                                                                  Maturity breakdown (residual maturity)

                                               Items                                                                                  More than 1    More than 3
                                                                                                       Total          Up to 1 month   month and up months and up to
                                                                                                                                       to 3 months      1 year

      1. Contingent liabilities in foreign currency                                                            -276            -42              -29             -205
          a. Collateral guarantees on debt falling due within 1 year                                           -275            -42              -29             -204
          b. Other contingent liabilities                                                                        -1              0                0               -1
      2. Foreign currency securities issued with embedded options (puttable bonds)        8/



     3. Undrawn, unconditional credit lines 9/ provided by                                              22,232                    0               0           22,232
          a. Other national monethary authorities, BIS, IMF and other international organizations       22,232                    0               0           22,232
                  - other national monetary authorities (+)                                                  0
                  - BIS (+)                                                                                  0
                  - IMF (+)                                                                             21,403                                                21,403
                  - other international organizations (+)                                                  829                                                   829
          b. with banks and other financial institutions headquartered in Poland (+)                         0
          c. with banks and other financial institutions headquartered outside Poland (+)                    0
        Undrawn, unconditional credit lines 9/ provided to                                                -255                    0               0             -255
          a. Other national monethary authorities, BIS, IMF and other international organizations (-      -255                                                  -255
                  - other national monetary authorities (-)                                               -255                                                  -255
                  - BIS (-)                                                                                  0
                  - IMF (-)                                                                                  0
                  - other international organizations (-)                                                    0
          b. with banks and other financial institutions headquartered in Poland (-)                         0
          c. with banks and other financial institutions headquartered outside Poland (-)                    0
     4. Aggregate short and long positions of options in foreign currencies vis-a-vis the
        domestic currency 10/
          a. Short positions (-)                                                                                 0                0               0               0
               i. bought puts (-)                                                                                0
               ii. written calls (-)                                                                             0
          b. Long positions (+)                                                                                  0                0               0               0
               i. bought calls (+)                                                                               0
               ii. written puts (+)                                                                              0
PRO MEMORIA: In-the money options 11/
1. At current exchange rates
     a. Short position                                                                                           0
     b. Long position                                                                                            0
2. + 5% (depreciation of 5%)
     a. Short position                                                                                           0
     b. Long position                                                                                            0
3. - 5% (appreciation of 5%)
     a. Short position                                                                                           0
     b. Long position                                                                                            0
4. + 10% (depreciation of 10%)
     a. Short position                                                                                           0
     b. Long position                                                                                            0
5. - 10% (appreciation of 10%)
     a. Short position                                                                                           0
     b. Long position                                                                                            0
6. Other (specify)
     a. Short position                                                                                           0
     b. Long position                                                                                            0
IV. Memo items
     May, 2011                                                                                               in mn EUR
                                                      Items
1. To be reported with standard periodicity and timeliness 12/
       a. short-term domestic currency debt indexed to the exchange rate
       b. financial instruments denominated in foreign currency and settled by other means (e.g., in
           domestic currency) 13/
             - nondeliverable forwards
                   - short positions
                   - long positions
             - other instruments
       c. pladged assets 14/
             - included in reserve assets
             - included in other foreign currency assets
       d. securities lent and on repo 15/                                                                          954
             - lent or repoed and included in Table I (-)                                                       -3,748
             - lent or repoed but not included in Table I (-)
             - borrowed or acquired and included in Table 1 (+)
             - borrowed or acquired but not included in Table 1 (+)                                             4,702
       e. financial derivative assets (net, marked to market) 16/
             - forwards
             - futures
             - swaps
             - options
             - other
        f. derivatives (forward, futures, or options contracts) that have a residual maturity greater than
           one year, which are subject to margin calls
                 aggregate short and long positions in forwards and futures in foreign currencies vis-a-
             -
                 vis the domestic currency including the forward leg of currency swaps)
                  a. short positions (-)
                  b. long positions (+)
             - aggregate short and long positions in foreign currencies vis-a-vis the domestic currency
                 a. short positions (-)
                      i.            bought puts (-)
                      ii.           written calls (-)
                 b. long positions (+)
                      i.            bought calls (+)
                      ii.           written puts (+)
(2) Position at the end of month:
   (a) currency composition of reserves (by groups of currencies)                                            74,699
      —currencies in SDR basket                                                                              62,799
      —currencies not in SDR basket                                                                          11,900
                       Template on International Reserves
                                                                        1/, 2/, 3/,
                     and Foreign Currency Liquidity
                                                                                                                  4/
I.    Official reserve assets and other foreign currency assets (approximate market value)
      May, 2011                                                                            in mn PLN


A.    Official reserve assets                                                                295,578
      1.    Foreign currency reserves (in convertible foreign currencies)                    255,664
               a. Securities                                                                 227,817
                        of which:
                                    issuer headquartered in Poland but located
               b. Total currency and deposits with:                                           27,847
                   i    Other national central banks, BIS and IMF                              1,032
                   ii   Banks headquartered in Poland
                        of which:
                                    located abroad
                   iii  Banks headquartered outside Poland                                    26,815
                        of which:
                                    located in Poland
      2.    IMF reserve position                                                               2,169
      3.    SDRs                                                                               5,171
                                                                                      5/
      4.    Gold (including gold deposits and, if appropriate, gold swapped)                  13,970
                - volume in fine troy ounces (mn)                                              3.309
      5.    Other reserve assets (specify)                                                    18,604
                - financial derivatives
                - loans to nonbank nonresidents
                - other                                                                       18,604
B.    Other foreign currency assets (specify)                                                    946
         - securities not included in official reserve assets                                      0
         - deposits not included in official reserve assets                                      946
         - loans not included in official reserve assets
         - financial derivatives not included in official reserves assets
         - gold not included in official reserve assets
         - other

II.   Predetermined short-term net drains on foreign currency assets (nominal value)
      May, 2011                                                                                                                                   in mn PLN
                                                                                                         Maturity breakdown (residual maturity)

                                          Items                                                                               More than 1    More than 3
                                                                                             Total        Up to 1 month       month and up months and up to 1
                                                                                                                               to 3 months       year

      1.                                                           6/                        -15,421             -1,138            -1,230           -13,053
            Foreign currency loans, securities, and deposits

                                                       Principal                               -7,437                  -486          -347            -6,604
              -   Outflows (-)
                                                       Interest                                -8,132                  -690          -888            -6,554
                                                       Principal                                  116                    34             4                78
              -   inflows (+)
                                                       Interest                                    32                     4             1                27
      2.    Aggregate short and long positions in forwards and futures in foreign
                                                                                                     -                 -              -                 -
            vis-a-vis the domestic currency (including the forward leg of currency
             a. Short positions (-)                                                                0
             b. Long positions (+)                                                                 0
      3.    Other (specify)                                                                  -14,833            -14,829                   -1                -3
              - outflows related to repos (-)                                                -14,829            -14,829                    0                 0
              - inflows related to reverse repos (+)                                               0                  0                    0                 0
              - trade credit (-)                                                                   0                  0                    0                 0
              - trade credit (+)                                                                   0                  0                    0                 0
              - other accounts payable (-)                                                        -4                  0                   -1                -3
              - other accounts receivable (+)                                                      0
III.   Contingent short-term net drains on foreign currency assets (nominal value)
       May, 2011                                                                                                                         in mn PLN
                                                                                                Maturity breakdown (residual maturity)

                                      Items                                                                        More than 1    More than 3
                                                                                    Total        Up to 1 month     month and up months and up to 1
                                                                                                                    to 3 months       year

        1. Contingent liabilities in foreign currency                                 -1,092               -165             -116              -811
             a. Collateral guarantees on debt falling due within 1 year               -1,089               -165             -116              -808
             b. Other contingent liabilities                                              -3                  0                0                -3
      2. Foreign currency securities issued with embedded options
           (puttable bonds) 8/
      3. Undrawn, unconditional credit lines 9/ provided by                          87,971                    0                0           87,971
             a. Other national monethary authorities, BIS, IMF and other             87,971                    0                0           87,971
                      - other national monetary authorities (+)                           0                    0                0                0
                      - BIS (+)                                                           0
                      - IMF (+)                                                      84,689                                                 84,689
                      - other international organizations (+)                         3,282                                                  3,282
             b. with banks and other financial institutions headquartered in              0
             c. with banks and other financial institutions headquartered outside         0
           Undrawn, unconditional credit lines 9/ provided to                        -1,011                    0                0           -1,011
             a. Other national monethary authorities, BIS, IMF and other             -1,011                                                 -1,011
                      - other national monetary authorities (-)                      -1,011                                                 -1,011
                      - BIS (-)                                                           0
                      - IMF (-)                                                           0
                      - other international organizations (-)                             0
             b. with banks and other financial institutions headquartered in              0
             c. with banks and other financial institutions headquartered outside         0
      4. Aggregate short and long positions of options in foreign currencies
           vis-a-vis the domestic currency 10/
             a. Short positions (-)                                                         0                  0                0               0
                  i.    bought puts (-)                                                     0
                  ii.   written calls (-)                                                   0
             b. Long positions (+)                                                          0                  0                0               0
                  i.    bought calls (+)                                                    0
                  ii.   written puts (+)                                                    0
PRO MEMORIA: In-the money options 11/
1.  At current exchange rates
      a. Short position                                                                     0
      b. Long position                                                                      0
2.  + 5% (depreciation of 5%)
      a. Short position                                                                     0
      b. Long position                                                                      0
3.  - 5% (appreciation of 5%)
      a. Short position                                                                     0
      b. Long position                                                                      0
4.  + 10% (depreciation of 10%)
      a. Short position                                                                     0
      b. Long position                                                                      0
5.  - 10% (appreciation of 10%)
      a. Short position                                                                     0
      b. Long position                                                                      0
6.  Other (specify)
      a. Short position                                                                     0
      b. Long position                                                                      0
IV.   Memo items
      May, 2011                                                                                   in mn PLN
                                             Items
1.     To be reported with standard periodicity and timeliness 12/
        a. short-term domestic currency debt indexed to the exchange rate
        b. financial instruments denominated in foreign currency and settled by
             other means (e.g., in domestic currency) 13/
               - nondeliverable forwards
                     - short positions
                     - long positions
               - other instruments
        c. pladged assets 14/
                - included in reserve assets
                - included in other foreign currency assets
        d. securities lent and on repo 15/                                                             3,775
                - lent or repoed and included in Table I (-)                                         -14,829
                - lent or repoed but not included in Table I (-)
                - borrowed or acquired and included in Table 1 (+)
                - borrowed or acquired but not included in Table 1 (+)                                18,604
        e. financial derivative assets (net, marked to market) 16/
                - forwards
                - futures
                - swaps
                - options
                - other
         f. derivatives (forward, futures, or options contracts) that have a residual
             maturity greater than one year, which are subject to margin calls
                   aggregate short and long positions in forwards and futures in
                -
                   foreign currencies vis-a-vis the domestic currency including the
                    a. short positions (-)
                     b. long positions (+)
                - aggregate short and long positions in foreign currencies vis-a-vis the domestic currency
                   a. short positions (-)
                         i.           bought puts (-)
                         ii.          written calls (-)
                   b. long positions (+)
                         i.           bought calls (+)
                         ii.          written puts (+)
(2) Position at the end of month:
   (a) currency composition of reserves (by groups of currencies)                                   295,578
      —currencies in SDR basket                                                                     248,490
      —currencies not in SDR basket                                                                  47,088
                               Template on International Reserves
                                                                                1/, 2/, 3/,
                             and Foreign Currency Liquidity
                                                                                                   4/
I.   Official reserve assets and other foreign currency assets (approximate market value)
     April, 2011                                                                              in mn USD


A. Official reserve assets                                                                      111,988
   1. Foreign currency reserves (in convertible foreign currencies)                              94,535
        a. Securities                                                                            83,990
               of which:
                    issuer headquartered in Poland but located abroad
        b. Total currency and deposits with:                                                     10,545
           i Other national central banks, BIS and IMF                                              549
           ii Banks headquartered in Poland
               of which:
                    located abroad
           iii Banks headquartered outside Poland                                                  9,996
               of which:
                    located in Poland
   2. IMF reserve position                                                                           763
   3. SDRs                                                                                         1,903
                                                                                   5/
   4. Gold (including gold deposits and, if appropriate, gold swapped)                             5,081
        - volume in fine troy ounces (mn)                                                          3.309
   5. Other reserve assets (specify)                                                               9,706
        - financial derivatives
        - loans to nonbank nonresidents
        - other                                                                                    9,706
B. Other foreign currency assets (specify)
    - securities not included in official reserve assets
    - deposits not included in official reserve assets
    - loans not included in official reserve assets
    - financial derivatives not included in official reserves assets
    - gold not included in official reserve assets
    - other

II. Predetermined short-term net drains on foreign currency assets (nominal value)
     April, 2011                                                                                                                                     in mn USD
                                                                                                            Maturity breakdown (residual maturity)

                                                 Items                                                                             More than 1      More than 3
                                                                                               Total          Up to 1 month       month and up to months and up to
                                                                                                                                    3 months           1 year

     1. Foreign currency loans, securities, and deposits         6/                               -4,830                -272                -715          -3,843

                                    Principal                                                     -1,898                -101                -229          -1,568
          - Outflows (-)
                                    Interest                                                      -2,999                -191                -501          -2,307
                                    Principal                                                         55                  19                  13              23
          - inflows (+)
                                    Interest                                                          12                   1                   2               9
     2. Aggregate short and long positions in forwards and futures in foreign currencies                -                -                  -                -
         vis-a-vis the domestic currency (including the forward leg of currency swaps) 7/
        a. Short positions (-)                                                                         0
        b. Long positions (+)                                                                          0
     3. Other (specify)                                                                           -8,162              -8,161                    0                -1
         - outflows related to repos (-)                                                          -8,161              -8,161                    0                 0
         - inflows related to reverse repos (+)                                                        0
         - trade credit (-)                                                                            0
         - trade credit (+)                                                                            0
         - other accounts payable (-)                                                                 -1                      0                 0                -1
         - other accounts receivable (+)                                                               0
III. Contingent short-term net drains on foreign currency assets (nominal value)
   April, 2011                                                                                                                                     in mn USD
                                                                                                          Maturity breakdown (residual maturity)

                                          Items                                                                                  More than 1      More than 3
                                                                                           Total            Up to 1 month       month and up to months and up to
                                                                                                                                  3 months           1 year

    1. Contingent liabilities in foreign currency                                                  -390                 -61                -61            -268
       a. Collateral guarantees on debt falling due within 1 year                                  -389                 -61                -61            -267
       b. Other contingent liabilities                                                               -1                   0                  0              -1
    2. Foreign currency securities issued with embedded options (puttable bonds)    8/



    3. Undrawn, unconditional credit lines 9/ provided by                                    32,409                         0                0          32,409
        a. Other national monethary authorities, BIS, IMF and other international            32,409                         0                0          32,409
             - other national monetary authorities (+)                                            0
             - BIS (+)                                                                            0
             - IMF (+)                                                                       31,177                                                     31,177
             - other international organizations (+)                                          1,232                                                      1,232
        b. with banks and other financial institutions headquartered in Poland (+)                0
        c. with banks and other financial institutions headquartered outside Poland (+)           0
       Undrawn, unconditional credit lines 9/ provided to                                      -378                         0                0            -378
        a. Other national monethary authorities, BIS, IMF and other international              -378                                                       -378
             - other national monetary authorities (-)                                         -378                                                       -378
             - BIS (-)                                                                            0
             - IMF (-)                                                                            0
             - other international organizations (-)                                              0
       b. with banks and other financial institutions headquartered in Poland (-)                 0
        c. with banks and other financial institutions headquartered outside Poland (-)           0
    4. Aggregate short and long positions of options in foreign currencies vis-a-vis the
       domestic currency 10/
        a. Short positions (-)                                                                       0                      0                0                0
           i. bought puts (-)                                                                        0
           ii. written calls (-)                                                                     0
        b. Long positions (+)                                                                        0                      0                0                0
           i. bought calls (+)                                                                       0
           ii. written puts (+)                                                                      0
PRO MEMORIA: In-the money options 11/
1. At current exchange rates
    a. Short position                                                                                0
    b. Long position                                                                                 0
2. + 5% (depreciation of 5%)
    a. Short position                                                                                0
    b. Long position                                                                                 0
3. - 5% (appreciation of 5%)
    a. Short position                                                                                0
    b. Long position                                                                                 0
4. + 10% (depreciation of 10%)
    a. Short position                                                                                0
    b. Long position                                                                                 0
5. - 10% (appreciation of 10%)
    a. Short position                                                                                0
    b. Long position                                                                                 0
6. Other (specify)
    a. Short position                                                                                0
    b. Long position                                                                                 0
IV. Memo items
    April, 2011                                                                                        in mn USD
                                                    Items
1. To be reported with standard periodicity and timeliness 12/
     a. short-term domestic currency debt indexed to the exchange rate
     b. financial instruments denominated in foreign currency and settled by other means (e.g.,
        in domestic currency) 13/
          - nondeliverable forwards
              - short positions
              - long positions
          - other instruments
     c. pladged assets 14/
          - included in reserve assets
          - included in other foreign currency assets
     d. securities lent and on repo 15/                                                                    1,545
          - lent or repoed and included in Table I (-)                                                    -8,161
          - lent or repoed but not included in Table I (-)
          - borrowed or acquired and included in Table 1 (+)
          - borrowed or acquired but not included in Table 1 (+)                                           9,706
     e. financial derivative assets (net, marked to market) 16/
          - forwards
          - futures
          - swaps
          - options
          - other
     f. derivatives (forward, futures, or options contracts) that have a residual maturity greater
        than one year, which are subject to margin calls
             aggregate short and long positions in forwards and futures in foreign currencies vis-
          -
             a-vis the domestic currency including the forward leg of currency swaps)
             a. short positions (-)
             b. long positions (+)
          - aggregate short and long positions in foreign currencies vis-a-vis the domestic currency
             a. short positions (-)
                 i.    bought puts (-)
                 ii.   written calls (-)
             b. long positions (+)
                 i.    bought calls (+)
                 ii.   written puts (+)
(2) Position at the end of month:
   (a) currency composition of reserves (by groups of currencies)                                       111,988
      —currencies in SDR basket                                                                          93,909
      —currencies not in SDR basket                                                                      18,079
                                  Template on International Reserves
                                                                                   1/, 2/, 3/,
                                and Foreign Currency Liquidity
                                                                                                 4/
I.    Official reserve assets and other foreign currency assets (approximate market value)
      April, 2011                                                                                in mn EUR


A.    Official reserve assets                                                                          75,371
      1.    Foreign currency reserves (in convertible foreign currencies)                              63,623
              a. Securities                                                                            56,527
                      of which:
                                  issuer headquartered in Poland but located abroad
              b. Total currency and deposits with:                                                       7,096
                  i   Other national central banks, BIS and IMF                                            369
                  ii  Banks headquartered in Poland
                      of which:
                                  located abroad
                  iii Banks headquartered outside Poland                                                 6,727
                      of which:
                                  located in Poland
      2.    IMF reserve position                                                                           514
      3.    SDRs                                                                                         1,281
      4.    Gold (including gold deposits and, if appropriate, gold swapped) 5/                          3,420
              - volume in fine troy ounces (mn)                                                          3.309
      5.    Other reserve assets (specify)                                                               6,533
              - financial derivatives
              - loans to nonbank nonresidents
              - other                                                                                    6,533
B.    Other foreign currency assets (specify)
         - securities not included in official reserve assets
         - deposits not included in official reserve assets
         - loans not included in official reserve assets
         - financial derivatives not included in official reserves assets
         - gold not included in official reserve assets
         - other

II.   Predetermined short-term net drains on foreign currency assets (nominal value)
      April, 2011                                                                                                                                          in mn EUR
                                                                                                                  Maturity breakdown (residual maturity)

                                                    Items                                                                            More than 1    More than 3
                                                                                                      Total          Up to 1 month   month and up months and up to
                                                                                                                                      to 3 months      1 year

      1.                                                           6/                                   -3,249               -183             -481            -2,585
           Foreign currency loans, securities, and deposits

                                            Principal                                                   -1,277                -68             -154            -1,055
             -   Outflows (-)
                                            Interest                                                    -2,018               -129             -337            -1,552
                                            Principal                                                       38                 13                9                16
             -   inflows (+)
                                            Interest                                                         8                  1                1                 6
      2.   Aggregate short and long positions in forwards and futures in foreign currencies
                                                                                                              -               -                -                -
           vis-a-vis the domestic currency (including the forward leg of currency swaps) 7/
            a. Short positions (-)                                                                           0
            b. Long positions (+)                                                                            0
      3.   Other (specify)                                                                              -5,494             -5,493                  0                -1
             - outflows related to repos (-)                                                            -5,493             -5,493                  0                 0
             - inflows related to reverse repos (+)                                                          0                  0                  0                 0
             - trade credit (-)                                                                              0                  0                  0                 0
             - trade credit (+)                                                                              0                  0                  0                 0
             - other accounts payable (-)                                                                   -1                  0                  0                -1
             - other accounts receivable (+)                                                                 0
III. Contingent short-term net drains on foreign currency assets (nominal value)
    April, 2011                                                                                                                                            in mn EUR
                                                                                                                  Maturity breakdown (residual maturity)

                                               Items                                                                                  More than 1    More than 3
                                                                                                       Total          Up to 1 month   month and up months and up to
                                                                                                                                       to 3 months      1 year

      1. Contingent liabilities in foreign currency                                                            -263            -41              -41             -181
          a. Collateral guarantees on debt falling due within 1 year                                           -262            -41              -41             -180
          b. Other contingent liabilities                                                                        -1              0                0               -1
      2. Foreign currency securities issued with embedded options (puttable bonds)        8/



     3. Undrawn, unconditional credit lines 9/ provided by                                              21,812                    0               0           21,812
          a. Other national monethary authorities, BIS, IMF and other international organizations       21,812                    0               0           21,812
                  - other national monetary authorities (+)                                                  0
                  - BIS (+)                                                                                  0
                  - IMF (+)                                                                             20,983                                                20,983
                  - other international organizations (+)                                                  829                                                   829
          b. with banks and other financial institutions headquartered in Poland (+)                         0
          c. with banks and other financial institutions headquartered outside Poland (+)                    0
        Undrawn, unconditional credit lines 9/ provided to                                                -254                    0               0             -254
          a. Other national monethary authorities, BIS, IMF and other international organizations (-      -254                                                  -254
                  - other national monetary authorities (-)                                               -254                                                  -254
                  - BIS (-)                                                                                  0
                  - IMF (-)                                                                                  0
                  - other international organizations (-)                                                    0
          b. with banks and other financial institutions headquartered in Poland (-)                         0
          c. with banks and other financial institutions headquartered outside Poland (-)                    0
     4. Aggregate short and long positions of options in foreign currencies vis-a-vis the
        domestic currency 10/
          a. Short positions (-)                                                                                 0                0               0               0
               i. bought puts (-)                                                                                0
               ii. written calls (-)                                                                             0
          b. Long positions (+)                                                                                  0                0               0               0
               i. bought calls (+)                                                                               0
               ii. written puts (+)                                                                              0
PRO MEMORIA: In-the money options 11/
1. At current exchange rates
     a. Short position                                                                                           0
     b. Long position                                                                                            0
2. + 5% (depreciation of 5%)
     a. Short position                                                                                           0
     b. Long position                                                                                            0
3. - 5% (appreciation of 5%)
     a. Short position                                                                                           0
     b. Long position                                                                                            0
4. + 10% (depreciation of 10%)
     a. Short position                                                                                           0
     b. Long position                                                                                            0
5. - 10% (appreciation of 10%)
     a. Short position                                                                                           0
     b. Long position                                                                                            0
6. Other (specify)
     a. Short position                                                                                           0
     b. Long position                                                                                            0
IV. Memo items
     April, 2011                                                                                             in mn EUR
                                                      Items
1. To be reported with standard periodicity and timeliness 12/
       a. short-term domestic currency debt indexed to the exchange rate
       b. financial instruments denominated in foreign currency and settled by other means (e.g., in
           domestic currency) 13/
             - nondeliverable forwards
                   - short positions
                   - long positions
             - other instruments
       c. pladged assets 14/
             - included in reserve assets
             - included in other foreign currency assets
       d. securities lent and on repo 15/                                                                        1,040
             - lent or repoed and included in Table I (-)                                                       -5,493
             - lent or repoed but not included in Table I (-)
             - borrowed or acquired and included in Table 1 (+)
             - borrowed or acquired but not included in Table 1 (+)                                             6,533
       e. financial derivative assets (net, marked to market) 16/
             - forwards
             - futures
             - swaps
             - options
             - other
        f. derivatives (forward, futures, or options contracts) that have a residual maturity greater than
           one year, which are subject to margin calls
                 aggregate short and long positions in forwards and futures in foreign currencies vis-a-
             -
                 vis the domestic currency including the forward leg of currency swaps)
                  a. short positions (-)
                  b. long positions (+)
             - aggregate short and long positions in foreign currencies vis-a-vis the domestic currency
                 a. short positions (-)
                      i.            bought puts (-)
                      ii.           written calls (-)
                 b. long positions (+)
                      i.            bought calls (+)
                      ii.           written puts (+)
(2) Position at the end of month:
   (a) currency composition of reserves (by groups of currencies)                                            75,371
      —currencies in SDR basket                                                                              63,203
      —currencies not in SDR basket                                                                          12,168
                        Template on International Reserves
                                                                        1/, 2/, 3/,
                       and Foreign Currency Liquidity
                                                                                                                  4/
I.    Official reserve assets and other foreign currency assets (approximate market value)
      April, 2011                                                                          in mn PLN


A.    Official reserve assets                                                                296,780
      1.    Foreign currency reserves (in convertible foreign currencies)                    250,525
               a. Securities                                                                 222,581
                        of which:
                                    issuer headquartered in Poland but located
               b. Total currency and deposits with:                                           27,944
                   i    Other national central banks, BIS and IMF                              1,453
                   ii   Banks headquartered in Poland
                        of which:
                                    located abroad
                   iii  Banks headquartered outside Poland                                    26,491
                        of which:
                                    located in Poland
      2.    IMF reserve position                                                               2,023
      3.    SDRs                                                                               5,044
                                                                                      5/
      4.    Gold (including gold deposits and, if appropriate, gold swapped)                  13,465
                - volume in fine troy ounces (mn)                                              3.309
      5.    Other reserve assets (specify)                                                    25,723
                - financial derivatives
                - loans to nonbank nonresidents
                - other                                                                       25,723
B.    Other foreign currency assets (specify)
         - securities not included in official reserve assets
         - deposits not included in official reserve assets
         - loans not included in official reserve assets
         - financial derivatives not included in official reserves assets
         - gold not included in official reserve assets
         - other

II.   Predetermined short-term net drains on foreign currency assets (nominal value)
      April, 2011                                                                                                                                 in mn PLN
                                                                                                         Maturity breakdown (residual maturity)

                                          Items                                                                                More than 1    More than 3
                                                                                             Total        Up to 1 month        month and up months and up to 1
                                                                                                                                to 3 months       year

      1.                                                           6/                        -12,797                   -721         -1,895           -10,181
            Foreign currency loans, securities, and deposits

                                                       Principal                               -5,028                  -267           -606            -4,155
              -     Outflows (-)
                                                       Interest                                -7,947                  -506         -1,328            -6,113
                                                       Principal                                  147                    50             35                62
              -     inflows (+)
                                                       Interest                                    31                     2              4                25
      2.    Aggregate short and long positions in forwards and futures in foreign
                                                                                                     -                 -               -                 -
            vis-a-vis the domestic currency (including the forward leg of currency
             a. Short positions (-)                                                                0
             b. Long positions (+)                                                                 0
      3.    Other (specify)                                                                  -21,632            -21,628                    -1                -3
              - outflows related to repos (-)                                                -21,628            -21,628                     0                 0
              - inflows related to reverse repos (+)                                               0
              - trade credit (-)                                                                   0
              - trade credit (+)                                                                   0
              - other accounts payable (-)                                                        -4                       0               -1                -3
              - other accounts receivable (+)                                                      0
III.   Contingent short-term net drains on foreign currency assets (nominal value)
       April, 2011                                                                                                                       in mn PLN
                                                                                                Maturity breakdown (residual maturity)

                                      Items                                                                        More than 1    More than 3
                                                                                    Total        Up to 1 month     month and up months and up to 1
                                                                                                                    to 3 months       year

        1. Contingent liabilities in foreign currency                                 -1,036               -162             -163              -711
             a. Collateral guarantees on debt falling due within 1 year               -1,033               -162             -163              -708
             b. Other contingent liabilities                                              -3                  0                0                -3
      2. Foreign currency securities issued with embedded options
           (puttable bonds) 8/
      3. Undrawn, unconditional credit lines 9/ provided by                          85,889                    0                0           85,889
             a. Other national monethary authorities, BIS, IMF and other             85,889                    0                0           85,889
                      - other national monetary authorities (+)                           0                    0                0                0
                      - BIS (+)                                                           0
                      - IMF (+)                                                      82,623                                                 82,623
                      - other international organizations (+)                         3,266                                                  3,266
             b. with banks and other financial institutions headquartered in              0
             c. with banks and other financial institutions headquartered outside         0
           Undrawn, unconditional credit lines 9/ provided to                        -1,001                    0                0           -1,001
             a. Other national monethary authorities, BIS, IMF and other             -1,001                                                 -1,001
                      - other national monetary authorities (-)                      -1,001                                                 -1,001
                      - BIS (-)                                                           0
                      - IMF (-)                                                           0
                      - other international organizations (-)                             0
             b. with banks and other financial institutions headquartered in              0
             c. with banks and other financial institutions headquartered outside         0
      4. Aggregate short and long positions of options in foreign currencies
           vis-a-vis the domestic currency 10/
             a. Short positions (-)                                                         0                  0                0               0
                  i.    bought puts (-)                                                     0
                  ii.   written calls (-)                                                   0
             b. Long positions (+)                                                          0                  0                0               0
                  i.    bought calls (+)                                                    0
                  ii.   written puts (+)                                                    0
PRO MEMORIA: In-the money options 11/
1.  At current exchange rates
      a. Short position                                                                     0
      b. Long position                                                                      0
2.  + 5% (depreciation of 5%)
      a. Short position                                                                     0
      b. Long position                                                                      0
3.  - 5% (appreciation of 5%)
      a. Short position                                                                     0
      b. Long position                                                                      0
4.  + 10% (depreciation of 10%)
      a. Short position                                                                     0
      b. Long position                                                                      0
5.  - 10% (appreciation of 10%)
      a. Short position                                                                     0
      b. Long position                                                                      0
6.  Other (specify)
      a. Short position                                                                     0
      b. Long position                                                                      0
IV.   Memo items
      April, 2011                                                                                 in mn PLN
                                             Items
1.     To be reported with standard periodicity and timeliness 12/
        a. short-term domestic currency debt indexed to the exchange rate
        b. financial instruments denominated in foreign currency and settled by
             other means (e.g., in domestic currency) 13/
               - nondeliverable forwards
                     - short positions
                     - long positions
               - other instruments
        c. pladged assets 14/
                - included in reserve assets
                - included in other foreign currency assets
        d. securities lent and on repo 15/                                                             4,095
                - lent or repoed and included in Table I (-)                                         -21,628
                - lent or repoed but not included in Table I (-)
                - borrowed or acquired and included in Table 1 (+)
                - borrowed or acquired but not included in Table 1 (+)                                25,723
        e. financial derivative assets (net, marked to market) 16/
                - forwards
                - futures
                - swaps
                - options
                - other
         f. derivatives (forward, futures, or options contracts) that have a residual
             maturity greater than one year, which are subject to margin calls
                   aggregate short and long positions in forwards and futures in
                -
                   foreign currencies vis-a-vis the domestic currency including the
                    a. short positions (-)
                     b. long positions (+)
                - aggregate short and long positions in foreign currencies vis-a-vis the domestic currency
                   a. short positions (-)
                         i.           bought puts (-)
                         ii.          written calls (-)
                   b. long positions (+)
                         i.           bought calls (+)
                         ii.          written puts (+)
(2) Position at the end of month:
   (a) currency composition of reserves (by groups of currencies)                                   296,780
      —currencies in SDR basket                                                                     248,867
      —currencies not in SDR basket                                                                  47,913
                               Template on International Reserves
                                                                                1/, 2/, 3/,
                             and Foreign Currency Liquidity
                                                                                                   4/
I.   Official reserve assets and other foreign currency assets (approximate market value)
     March, 2011                                                                              in mn USD


A. Official reserve assets                                                                      106,631
   1. Foreign currency reserves (in convertible foreign currencies)                              89,043
        a. Securities                                                                            80,293
               of which:
                    issuer headquartered in Poland but located abroad
        b. Total currency and deposits with:                                                       8,750
           i Other national central banks, BIS and IMF                                               532
           ii Banks headquartered in Poland
               of which:
                    located abroad
           iii Banks headquartered outside Poland                                                  8,218
               of which:
                    located in Poland
   2. IMF reserve position                                                                          748
   3. SDRs                                                                                        1,864
                                                                                   5/
   4. Gold (including gold deposits and, if appropriate, gold swapped)                            4,735
        - volume in fine troy ounces (mn)                                                         3.309
   5. Other reserve assets (specify)                                                             10,241
        - financial derivatives
        - loans to nonbank nonresidents
        - other                                                                                  10,241
B. Other foreign currency assets (specify)
    - securities not included in official reserve assets
    - deposits not included in official reserve assets
    - loans not included in official reserve assets
    - financial derivatives not included in official reserves assets
    - gold not included in official reserve assets
    - other

II. Predetermined short-term net drains on foreign currency assets (nominal value)
     March, 2011                                                                                                                                     in mn USD
                                                                                                            Maturity breakdown (residual maturity)

                                                 Items                                                                             More than 1      More than 3
                                                                                               Total          Up to 1 month       month and up to months and up to
                                                                                                                                    3 months           1 year

     1. Foreign currency loans, securities, and deposits         6/                               -4,635                -458                -710          -3,467

                                    Principal                                                     -1,874                 -86                -289          -1,499
          - Outflows (-)
                                    Interest                                                      -2,827                -372                -455          -2,000
                                    Principal                                                         54                   0                  31              23
          - inflows (+)
                                    Interest                                                          12                   0                   3               9
     2. Aggregate short and long positions in forwards and futures in foreign currencies                -                -                  -                -
         vis-a-vis the domestic currency (including the forward leg of currency swaps) 7/
        a. Short positions (-)                                                                         0
        b. Long positions (+)                                                                          0
     3. Other (specify)                                                                           -8,282              -8,281                    0                -1
         - outflows related to repos (-)                                                          -8,280              -8,280                    0                 0
         - inflows related to reverse repos (+)                                                        0
         - trade credit (-)                                                                            0
         - trade credit (+)                                                                            0
         - other accounts payable (-)                                                                 -2                     -1                 0                -1
         - other accounts receivable (+)                                                               0
III. Contingent short-term net drains on foreign currency assets (nominal value)
   March, 2011                                                                                                                                     in mn USD
                                                                                                          Maturity breakdown (residual maturity)

                                          Items                                                                                  More than 1      More than 3
                                                                                           Total            Up to 1 month       month and up to months and up to
                                                                                                                                  3 months           1 year

    1. Contingent liabilities in foreign currency                                                  -401                  -9               -128            -264
       a. Collateral guarantees on debt falling due within 1 year                                  -400                  -9               -128            -263
       b. Other contingent liabilities                                                               -1                   0                  0              -1
    2. Foreign currency securities issued with embedded options (puttable bonds)    8/



    3. Undrawn, unconditional credit lines 9/ provided by                                    31,721                         0                0          31,721
        a. Other national monethary authorities, BIS, IMF and other international            31,721                         0                0          31,721
             - other national monetary authorities (+)                                            0
             - BIS (+)                                                                            0
             - IMF (+)                                                                       30,538                                                     30,538
             - other international organizations (+)                                          1,183                                                      1,183
        b. with banks and other financial institutions headquartered in Poland (+)                0
        c. with banks and other financial institutions headquartered outside Poland (+)           0
       Undrawn, unconditional credit lines 9/ provided to                                      -372                         0                0            -372
        a. Other national monethary authorities, BIS, IMF and other international              -372                                                       -372
             - other national monetary authorities (-)                                         -372                                                       -372
             - BIS (-)                                                                            0
             - IMF (-)                                                                            0
             - other international organizations (-)                                              0
       b. with banks and other financial institutions headquartered in Poland (-)                 0
        c. with banks and other financial institutions headquartered outside Poland (-)           0
    4. Aggregate short and long positions of options in foreign currencies vis-a-vis the
       domestic currency 10/
        a. Short positions (-)                                                                       0                      0                0                0
           i. bought puts (-)                                                                        0
           ii. written calls (-)                                                                     0
        b. Long positions (+)                                                                        0                      0                0                0
           i. bought calls (+)                                                                       0
           ii. written puts (+)                                                                      0
PRO MEMORIA: In-the money options 11/
1. At current exchange rates
    a. Short position                                                                                0
    b. Long position                                                                                 0
2. + 5% (depreciation of 5%)
    a. Short position                                                                                0
    b. Long position                                                                                 0
3. - 5% (appreciation of 5%)
    a. Short position                                                                                0
    b. Long position                                                                                 0
4. + 10% (depreciation of 10%)
    a. Short position                                                                                0
    b. Long position                                                                                 0
5. - 10% (appreciation of 10%)
    a. Short position                                                                                0
    b. Long position                                                                                 0
6. Other (specify)
    a. Short position                                                                                0
    b. Long position                                                                                 0
IV. Memo items
    March, 2011                                                                                        in mn USD
                                                    Items
1. To be reported with standard periodicity and timeliness 12/
     a. short-term domestic currency debt indexed to the exchange rate
     b. financial instruments denominated in foreign currency and settled by other means (e.g.,
        in domestic currency) 13/
          - nondeliverable forwards
              - short positions
              - long positions
          - other instruments
     c. pladged assets 14/
          - included in reserve assets
          - included in other foreign currency assets
     d. securities lent and on repo 15/                                                                    1,961
          - lent or repoed and included in Table I (-)                                                    -8,280
          - lent or repoed but not included in Table I (-)
          - borrowed or acquired and included in Table 1 (+)
          - borrowed or acquired but not included in Table 1 (+)                                          10,241
     e. financial derivative assets (net, marked to market) 16/
          - forwards
          - futures
          - swaps
          - options
          - other
     f. derivatives (forward, futures, or options contracts) that have a residual maturity greater
        than one year, which are subject to margin calls
             aggregate short and long positions in forwards and futures in foreign currencies vis-
          -
             a-vis the domestic currency including the forward leg of currency swaps)
             a. short positions (-)
             b. long positions (+)
          - aggregate short and long positions in foreign currencies vis-a-vis the domestic currency
             a. short positions (-)
                 i.    bought puts (-)
                 ii.   written calls (-)
             b. long positions (+)
                 i.    bought calls (+)
                 ii.   written puts (+)
(2) Position at the end of month:
   (a) currency composition of reserves (by groups of currencies)                                       106,631
      —currencies in SDR basket                                                                          89,469
      —currencies not in SDR basket                                                                      17,162
                                  Template on International Reserves
                                                                                   1/, 2/, 3/,
                                and Foreign Currency Liquidity
                                                                                                 4/
I.    Official reserve assets and other foreign currency assets (approximate market value)
      March, 2011                                                                                in mn EUR


A.    Official reserve assets                                                                          75,029
      1.    Foreign currency reserves (in convertible foreign currencies)                              62,653
              a. Securities                                                                            56,497
                      of which:
                                  issuer headquartered in Poland but located abroad
              b. Total currency and deposits with:                                                       6,156
                  i   Other national central banks, BIS and IMF                                            375
                  ii  Banks headquartered in Poland
                      of which:
                                  located abroad
                  iii Banks headquartered outside Poland                                                 5,781
                      of which:
                                  located in Poland
      2.    IMF reserve position                                                                           526
      3.    SDRs                                                                                         1,312
      4.    Gold (including gold deposits and, if appropriate, gold swapped) 5/                          3,332
              - volume in fine troy ounces (mn)                                                          3.309
      5.    Other reserve assets (specify)                                                               7,206
              - financial derivatives
              - loans to nonbank nonresidents
              - other                                                                                    7,206
B.    Other foreign currency assets (specify)
         - securities not included in official reserve assets
         - deposits not included in official reserve assets
         - loans not included in official reserve assets
         - financial derivatives not included in official reserves assets
         - gold not included in official reserve assets
         - other

II.   Predetermined short-term net drains on foreign currency assets (nominal value)
      March, 2011                                                                                                                                          in mn EUR
                                                                                                                  Maturity breakdown (residual maturity)

                                                    Items                                                                            More than 1    More than 3
                                                                                                      Total          Up to 1 month   month and up months and up to
                                                                                                                                      to 3 months      1 year

      1.                                                           6/                                   -3,262               -323             -499            -2,440
           Foreign currency loans, securities, and deposits

                                            Principal                                                   -1,319                -61             -203            -1,055
             -   Outflows (-)
                                            Interest                                                    -1,990               -262             -320            -1,408
                                            Principal                                                       39                  0               22                17
             -   inflows (+)
                                            Interest                                                         8                  0                2                 6
      2.   Aggregate short and long positions in forwards and futures in foreign currencies
                                                                                                              -               -                -                -
           vis-a-vis the domestic currency (including the forward leg of currency swaps) 7/
            a. Short positions (-)                                                                           0
            b. Long positions (+)                                                                            0
      3.   Other (specify)                                                                              -5,827             -5,826                  0                -1
             - outflows related to repos (-)                                                            -5,826             -5,826                  0                 0
             - inflows related to reverse repos (+)                                                          0                  0                  0                 0
             - trade credit (-)                                                                              0                  0                  0                 0
             - trade credit (+)                                                                              0                  0                  0                 0
             - other accounts payable (-)                                                                   -1                  0                  0                -1
             - other accounts receivable (+)                                                                 0
III. Contingent short-term net drains on foreign currency assets (nominal value)
    March, 2011                                                                                                                                            in mn EUR
                                                                                                                  Maturity breakdown (residual maturity)

                                               Items                                                                                  More than 1    More than 3
                                                                                                       Total          Up to 1 month   month and up months and up to
                                                                                                                                       to 3 months      1 year

      1. Contingent liabilities in foreign currency                                                            -282              -6             -90             -186
          a. Collateral guarantees on debt falling due within 1 year                                           -281              -6             -90             -185
          b. Other contingent liabilities                                                                        -1               0               0               -1
      2. Foreign currency securities issued with embedded options (puttable bonds)        8/



     3. Undrawn, unconditional credit lines 9/ provided by                                              22,320                    0               0           22,320
          a. Other national monethary authorities, BIS, IMF and other international organizations       22,320                    0               0           22,320
                  - other national monetary authorities (+)                                                  0
                  - BIS (+)                                                                                  0
                  - IMF (+)                                                                             21,488                                                21,488
                  - other international organizations (+)                                                  832                                                   832
          b. with banks and other financial institutions headquartered in Poland (+)                         0
          c. with banks and other financial institutions headquartered outside Poland (+)                    0
        Undrawn, unconditional credit lines 9/ provided to                                                -262                    0               0             -262
          a. Other national monethary authorities, BIS, IMF and other international organizations (-      -262                                                  -262
                  - other national monetary authorities (-)                                               -262                                                  -262
                  - BIS (-)                                                                                  0
                  - IMF (-)                                                                                  0
                  - other international organizations (-)                                                    0
          b. with banks and other financial institutions headquartered in Poland (-)                         0
          c. with banks and other financial institutions headquartered outside Poland (-)                    0
     4. Aggregate short and long positions of options in foreign currencies vis-a-vis the
        domestic currency 10/
          a. Short positions (-)                                                                                 0                0               0               0
               i. bought puts (-)                                                                                0
               ii. written calls (-)                                                                             0
          b. Long positions (+)                                                                                  0                0               0               0
               i. bought calls (+)                                                                               0
               ii. written puts (+)                                                                              0
PRO MEMORIA: In-the money options 11/
1. At current exchange rates
     a. Short position                                                                                           0
     b. Long position                                                                                            0
2. + 5% (depreciation of 5%)
     a. Short position                                                                                           0
     b. Long position                                                                                            0
3. - 5% (appreciation of 5%)
     a. Short position                                                                                           0
     b. Long position                                                                                            0
4. + 10% (depreciation of 10%)
     a. Short position                                                                                           0
     b. Long position                                                                                            0
5. - 10% (appreciation of 10%)
     a. Short position                                                                                           0
     b. Long position                                                                                            0
6. Other (specify)
     a. Short position                                                                                           0
     b. Long position                                                                                            0
IV. Memo items
     March, 2011                                                                                             in mn EUR
                                                      Items
1. To be reported with standard periodicity and timeliness 12/
       a. short-term domestic currency debt indexed to the exchange rate
       b. financial instruments denominated in foreign currency and settled by other means (e.g., in
           domestic currency) 13/
             - nondeliverable forwards
                   - short positions
                   - long positions
             - other instruments
       c. pladged assets 14/
             - included in reserve assets
             - included in other foreign currency assets
       d. securities lent and on repo 15/                                                                        1,380
             - lent or repoed and included in Table I (-)                                                       -5,826
             - lent or repoed but not included in Table I (-)
             - borrowed or acquired and included in Table 1 (+)
             - borrowed or acquired but not included in Table 1 (+)                                             7,206
       e. financial derivative assets (net, marked to market) 16/
             - forwards
             - futures
             - swaps
             - options
             - other
        f. derivatives (forward, futures, or options contracts) that have a residual maturity greater than
           one year, which are subject to margin calls
                 aggregate short and long positions in forwards and futures in foreign currencies vis-a-
             -
                 vis the domestic currency including the forward leg of currency swaps)
                  a. short positions (-)
                  b. long positions (+)
             - aggregate short and long positions in foreign currencies vis-a-vis the domestic currency
                 a. short positions (-)
                      i.            bought puts (-)
                      ii.           written calls (-)
                 b. long positions (+)
                      i.            bought calls (+)
                      ii.           written puts (+)
(2) Position at the end of month:
   (a) currency composition of reserves (by groups of currencies)                                            75,029
      —currencies in SDR basket                                                                              62,953
      —currencies not in SDR basket                                                                          12,076
                       Template on International Reserves
                                                                        1/, 2/, 3/,
                     and Foreign Currency Liquidity
                                                                                                                  4/
I.    Official reserve assets and other foreign currency assets (approximate market value)
      March, 2011                                                                          in mn PLN


A.    Official reserve assets                                                                301,009
      1.    Foreign currency reserves (in convertible foreign currencies)                    251,361
               a. Securities                                                                 226,660
                        of which:
                                    issuer headquartered in Poland but located
               b. Total currency and deposits with:                                           24,701
                   i    Other national central banks, BIS and IMF                              1,503
                   ii   Banks headquartered in Poland
                        of which:
                                    located abroad
                   iii  Banks headquartered outside Poland                                    23,198
                        of which:
                                    located in Poland
      2.    IMF reserve position                                                               2,110
      3.    SDRs                                                                               5,262
                                                                                      5/
      4.    Gold (including gold deposits and, if appropriate, gold swapped)                  13,367
                - volume in fine troy ounces (mn)                                              3.309
      5.    Other reserve assets (specify)                                                    28,909
                - financial derivatives
                - loans to nonbank nonresidents
                - other                                                                       28,909
B.    Other foreign currency assets (specify)
         - securities not included in official reserve assets
         - deposits not included in official reserve assets
         - loans not included in official reserve assets
         - financial derivatives not included in official reserves assets
         - gold not included in official reserve assets
         - other

II.   Predetermined short-term net drains on foreign currency assets (nominal value)
      March, 2011                                                                                                                                 in mn PLN
                                                                                                         Maturity breakdown (residual maturity)

                                          Items                                                                             More than 1    More than 3
                                                                                             Total        Up to 1 month     month and up months and up to 1
                                                                                                                             to 3 months       year

      1.                                                           6/                        -13,083             -1,292           -2,003             -9,788
            Foreign currency loans, securities, and deposits

                                                       Principal                               -5,291              -244             -815             -4,232
              -   Outflows (-)
                                                       Interest                                -7,980            -1,050           -1,283             -5,647
                                                       Principal                                  155                 1               88                 66
              -   inflows (+)
                                                       Interest                                    33                 1                7                 25
      2.    Aggregate short and long positions in forwards and futures in foreign
                                                                                                     -                 -              -                -
            vis-a-vis the domestic currency (including the forward leg of currency
             a. Short positions (-)                                                                0
             b. Long positions (+)                                                                 0
      3.    Other (specify)                                                                  -23,376            -23,373                   -1               -2
              - outflows related to repos (-)                                                -23,372            -23,372                    0                0
              - inflows related to reverse repos (+)                                               0                  0                    0                0
              - trade credit (-)                                                                   0                  0                    0                0
              - trade credit (+)                                                                   0                  0                    0                0
              - other accounts payable (-)                                                        -4                 -1                   -1               -2
              - other accounts receivable (+)                                                      0
III.   Contingent short-term net drains on foreign currency assets (nominal value)
       March, 2011                                                                                                                       in mn PLN
                                                                                                Maturity breakdown (residual maturity)

                                      Items                                                                        More than 1    More than 3
                                                                                    Total        Up to 1 month     month and up months and up to 1
                                                                                                                    to 3 months       year

        1. Contingent liabilities in foreign currency                                 -1,133                -26             -362              -745
             a. Collateral guarantees on debt falling due within 1 year               -1,130                -26             -362              -742
             b. Other contingent liabilities                                              -3                  0                0                -3
      2. Foreign currency securities issued with embedded options
           (puttable bonds) 8/
      3. Undrawn, unconditional credit lines 9/ provided by                          89,545                    0                0           89,545
             a. Other national monethary authorities, BIS, IMF and other             89,545                    0                0           89,545
                      - other national monetary authorities (+)                           0                    0                0                0
                      - BIS (+)                                                           0
                      - IMF (+)                                                      86,207                                                 86,207
                      - other international organizations (+)                         3,338                                                  3,338
             b. with banks and other financial institutions headquartered in              0
             c. with banks and other financial institutions headquartered outside         0
           Undrawn, unconditional credit lines 9/ provided to                        -1,051                    0                0           -1,051
             a. Other national monethary authorities, BIS, IMF and other             -1,051                                                 -1,051
                      - other national monetary authorities (-)                      -1,051                                                 -1,051
                      - BIS (-)                                                           0
                      - IMF (-)                                                           0
                      - other international organizations (-)                             0
             b. with banks and other financial institutions headquartered in              0
             c. with banks and other financial institutions headquartered outside         0
      4. Aggregate short and long positions of options in foreign currencies
           vis-a-vis the domestic currency 10/
             a. Short positions (-)                                                         0                  0                0               0
                  i.    bought puts (-)                                                     0
                  ii.   written calls (-)                                                   0
             b. Long positions (+)                                                          0                  0                0               0
                  i.    bought calls (+)                                                    0
                  ii.   written puts (+)                                                    0
PRO MEMORIA: In-the money options 11/
1.  At current exchange rates
      a. Short position                                                                     0
      b. Long position                                                                      0
2.  + 5% (depreciation of 5%)
      a. Short position                                                                     0
      b. Long position                                                                      0
3.  - 5% (appreciation of 5%)
      a. Short position                                                                     0
      b. Long position                                                                      0
4.  + 10% (depreciation of 10%)
      a. Short position                                                                     0
      b. Long position                                                                      0
5.  - 10% (appreciation of 10%)
      a. Short position                                                                     0
      b. Long position                                                                      0
6.  Other (specify)
      a. Short position                                                                     0
      b. Long position                                                                      0
IV.   Memo items
      March, 2011                                                                                 in mn PLN
                                             Items
1.     To be reported with standard periodicity and timeliness 12/
        a. short-term domestic currency debt indexed to the exchange rate
        b. financial instruments denominated in foreign currency and settled by
             other means (e.g., in domestic currency) 13/
               - nondeliverable forwards
                     - short positions
                     - long positions
               - other instruments
        c. pladged assets 14/
                - included in reserve assets
                - included in other foreign currency assets
        d. securities lent and on repo 15/                                                             5,537
                - lent or repoed and included in Table I (-)                                         -23,372
                - lent or repoed but not included in Table I (-)
                - borrowed or acquired and included in Table 1 (+)
                - borrowed or acquired but not included in Table 1 (+)                                28,909
        e. financial derivative assets (net, marked to market) 16/
                - forwards
                - futures
                - swaps
                - options
                - other
         f. derivatives (forward, futures, or options contracts) that have a residual
             maturity greater than one year, which are subject to margin calls
                   aggregate short and long positions in forwards and futures in
                -
                   foreign currencies vis-a-vis the domestic currency including the
                    a. short positions (-)
                     b. long positions (+)
                - aggregate short and long positions in foreign currencies vis-a-vis the domestic currency
                   a. short positions (-)
                         i.           bought puts (-)
                         ii.          written calls (-)
                   b. long positions (+)
                         i.           bought calls (+)
                         ii.          written puts (+)
(2) Position at the end of month:
   (a) currency composition of reserves (by groups of currencies)                                   301,009
      —currencies in SDR basket                                                                     252,562
      —currencies not in SDR basket                                                                  48,447
                               Template on International Reserves
                                                                                1/, 2/, 3/,
                             and Foreign Currency Liquidity
                                                                                                   4/
I.   Official reserve assets and other foreign currency assets (approximate market value)
     February, 2011                                                                           in mn USD


A. Official reserve assets                                                                      103,534
   1. Foreign currency reserves (in convertible foreign currencies)                              86,775
        a. Securities                                                                            77,744
               of which:
                    issuer headquartered in Poland but located abroad
        b. Total currency and deposits with:                                                       9,031
           i Other national central banks, BIS and IMF                                               377
           ii Banks headquartered in Poland
               of which:
                    located abroad
           iii Banks headquartered outside Poland                                                  8,654
               of which:
                    located in Poland
   2. IMF reserve position                                                                           568
   3. SDRs                                                                                         1,970
                                                                                   5/
   4. Gold (including gold deposits and, if appropriate, gold swapped)                             4,665
        - volume in fine troy ounces (mn)                                                          3.309
   5. Other reserve assets (specify)                                                               9,556
        - financial derivatives
        - loans to nonbank nonresidents
        - other                                                                                    9,556
B. Other foreign currency assets (specify)
    - securities not included in official reserve assets
    - deposits not included in official reserve assets
    - loans not included in official reserve assets
    - financial derivatives not included in official reserves assets
    - gold not included in official reserve assets
    - other

II. Predetermined short-term net drains on foreign currency assets (nominal value)
     February, 2011                                                                                                                                 in mn USD
                                                                                                           Maturity breakdown (residual maturity)

                                                 Items                                                                          More than 1      More than 3
                                                                                               Total         Up to 1 month     month and up to months and up to
                                                                                                                                 3 months           1 year

     1. Foreign currency loans, securities, and deposits         6/                               -3,458               -355               -902         -2,201

                                    Principal                                                       -792                -92               -349           -351
          - Outflows (-)
                                    Interest                                                      -2,732               -264               -573         -1,895
                                    Principal                                                         55                  1                 19             35
          - inflows (+)
                                    Interest                                                          11                  0                  1             10
     2. Aggregate short and long positions in forwards and futures in foreign currencies         415                415                    -              -
         vis-a-vis the domestic currency (including the forward leg of currency swaps) 7/
        a. Short positions (-)                                                                         0
        b. Long positions (+)                                                                        415                415                     0              0
     3. Other (specify)                                                                           -7,374             -7,372                    -1             -1
         - outflows related to repos (-)                                                          -7,372             -7,372                     0              0
         - inflows related to reverse repos (+)                                                        0                -                  -              -
         - trade credit (-)                                                                            0                -                  -              -
         - trade credit (+)                                                                            0                -                  -              -
         - other accounts payable (-)                                                                 -2                  0                    -1             -1
         - other accounts receivable (+)                                                               0
III. Contingent short-term net drains on foreign currency assets (nominal value)
   February, 2011                                                                                                                                  in mn USD
                                                                                                          Maturity breakdown (residual maturity)

                                          Items                                                                                  More than 1      More than 3
                                                                                           Total            Up to 1 month       month and up to months and up to
                                                                                                                                  3 months           1 year

    1. Contingent liabilities in foreign currency                                                  -392                 -17                -71            -304
       a. Collateral guarantees on debt falling due within 1 year                                  -391                 -17                -71            -303
       b. Other contingent liabilities                                                               -1                   0                  0              -1
    2. Foreign currency securities issued with embedded options (puttable bonds)    8/



    3. Undrawn, unconditional credit lines 9/ provided by                                    31,381                         0                0          31,381
        a. Other national monethary authorities, BIS, IMF and other international            31,381                         0                0          31,381
             - other national monetary authorities (+)                                            0
             - BIS (+)                                                                            0
             - IMF (+)                                                                       30,217                                                     30,217
             - other international organizations (+)                                          1,164                                                      1,164
        b. with banks and other financial institutions headquartered in Poland (+)                0
        c. with banks and other financial institutions headquartered outside Poland (+)           0
       Undrawn, unconditional credit lines 9/ provided to                                      -371                         0                0            -371
        a. Other national monethary authorities, BIS, IMF and other international              -371                                                       -371
             - other national monetary authorities (-)                                         -371                                                       -371
             - BIS (-)                                                                            0
             - IMF (-)                                                                            0
             - other international organizations (-)                                              0
       b. with banks and other financial institutions headquartered in Poland (-)                 0
        c. with banks and other financial institutions headquartered outside Poland (-)           0
    4. Aggregate short and long positions of options in foreign currencies vis-a-vis the
       domestic currency 10/
        a. Short positions (-)                                                                       0                      0                0                0
           i. bought puts (-)                                                                        0
           ii. written calls (-)                                                                     0
        b. Long positions (+)                                                                        0                      0                0                0
           i. bought calls (+)                                                                       0
           ii. written puts (+)                                                                      0
PRO MEMORIA: In-the money options 11/
1. At current exchange rates
    a. Short position                                                                                0
    b. Long position                                                                                 0
2. + 5% (depreciation of 5%)
    a. Short position                                                                                0
    b. Long position                                                                                 0
3. - 5% (appreciation of 5%)
    a. Short position                                                                                0
    b. Long position                                                                                 0
4. + 10% (depreciation of 10%)
    a. Short position                                                                                0
    b. Long position                                                                                 0
5. - 10% (appreciation of 10%)
    a. Short position                                                                                0
    b. Long position                                                                                 0
6. Other (specify)
    a. Short position                                                                                0
    b. Long position                                                                                 0
IV. Memo items
    February, 2011                                                                                     in mn USD
                                                    Items
1. To be reported with standard periodicity and timeliness 12/
     a. short-term domestic currency debt indexed to the exchange rate
     b. financial instruments denominated in foreign currency and settled by other means (e.g.,
        in domestic currency) 13/
          - nondeliverable forwards
              - short positions
              - long positions
          - other instruments
     c. pladged assets 14/
          - included in reserve assets
          - included in other foreign currency assets
     d. securities lent and on repo 15/                                                                    2,184
          - lent or repoed and included in Table I (-)                                                    -7,372
          - lent or repoed but not included in Table I (-)
          - borrowed or acquired and included in Table 1 (+)
          - borrowed or acquired but not included in Table 1 (+)                                           9,556
     e. financial derivative assets (net, marked to market) 16/                                               -2
          - forwards
          - futures
          - swaps                                                                                             -2
          - options
          - other
     f. derivatives (forward, futures, or options contracts) that have a residual maturity greater
        than one year, which are subject to margin calls
             aggregate short and long positions in forwards and futures in foreign currencies vis-
          -
             a-vis the domestic currency including the forward leg of currency swaps)
             a. short positions (-)
             b. long positions (+)
          - aggregate short and long positions in foreign currencies vis-a-vis the domestic currency
             a. short positions (-)
                 i.    bought puts (-)
                 ii.   written calls (-)
             b. long positions (+)
                 i.    bought calls (+)
                 ii.   written puts (+)
(2) Position at the end of month:
   (a) currency composition of reserves (by groups of currencies)                                       103,534
      —currencies in SDR basket                                                                          86,595
      —currencies not in SDR basket                                                                      16,939
                                  Template on International Reserves
                                                                                   1/, 2/, 3/,
                                and Foreign Currency Liquidity
                                                                                                 4/
I.    Official reserve assets and other foreign currency assets (approximate market value)
      February, 2011                                                                             in mn EUR


A.    Official reserve assets                                                                          74,898
      1.    Foreign currency reserves (in convertible foreign currencies)                              62,774
              a. Securities                                                                            56,241
                      of which:
                                  issuer headquartered in Poland but located abroad
              b. Total currency and deposits with:                                                       6,533
                  i   Other national central banks, BIS and IMF                                            273
                  ii  Banks headquartered in Poland
                      of which:
                                  located abroad
                  iii Banks headquartered outside Poland                                                 6,260
                      of which:
                                  located in Poland
      2.    IMF reserve position                                                                           411
      3.    SDRs                                                                                         1,425
      4.    Gold (including gold deposits and, if appropriate, gold swapped) 5/                          3,375
              - volume in fine troy ounces (mn)                                                          3.309
      5.    Other reserve assets (specify)                                                               6,913
              - financial derivatives
              - loans to nonbank nonresidents
              - other                                                                                    6,913
B.    Other foreign currency assets (specify)
         - securities not included in official reserve assets
         - deposits not included in official reserve assets
         - loans not included in official reserve assets
         - financial derivatives not included in official reserves assets
         - gold not included in official reserve assets
         - other

II.   Predetermined short-term net drains on foreign currency assets (nominal value)
      February, 2011                                                                                                                                   in mn EUR
                                                                                                              Maturity breakdown (residual maturity)

                                                    Items                                                                        More than 1    More than 3
                                                                                                      Total      Up to 1 month   month and up months and up to
                                                                                                                                  to 3 months      1 year

      1.                                                           6/                                   -2,501           -256             -652            -1,593
           Foreign currency loans, securities, and deposits

                                            Principal                                                     -572            -66             -252              -254
             -   Outflows (-)
                                            Interest                                                    -1,977           -191             -415            -1,371
                                            Principal                                                       40              1               14                25
             -   inflows (+)
                                            Interest                                                         8              0                1                 7
      2.   Aggregate short and long positions in forwards and futures in foreign currencies
                                                                                                        300            300                 -                -
           vis-a-vis the domestic currency (including the forward leg of currency swaps) 7/
            a. Short positions (-)                                                                           0
            b. Long positions (+)                                                                          300            300                  0                 0
      3.   Other (specify)                                                                              -5,334         -5,333                  0                -1
             - outflows related to repos (-)                                                            -5,333         -5,333                  0                 0
             - inflows related to reverse repos (+)                                                          0              0                  0                 0
             - trade credit (-)                                                                              0              0                  0                 0
             - trade credit (+)                                                                              0              0                  0                 0
             - other accounts payable (-)                                                                   -1              0                  0                -1
             - other accounts receivable (+)                                                                 0
III. Contingent short-term net drains on foreign currency assets (nominal value)
    February, 2011                                                                                                                                         in mn EUR
                                                                                                                  Maturity breakdown (residual maturity)

                                               Items                                                                                  More than 1    More than 3
                                                                                                       Total          Up to 1 month   month and up months and up to
                                                                                                                                       to 3 months      1 year

      1. Contingent liabilities in foreign currency                                                            -284            -12              -52             -220
          a. Collateral guarantees on debt falling due within 1 year                                           -283            -12              -52             -219
          b. Other contingent liabilities                                                                        -1              0                0               -1
      2. Foreign currency securities issued with embedded options (puttable bonds)        8/



     3. Undrawn, unconditional credit lines 9/ provided by                                              22,701                    0               0           22,701
          a. Other national monethary authorities, BIS, IMF and other international organizations       22,701                    0               0           22,701
                  - other national monetary authorities (+)                                                  0
                  - BIS (+)                                                                                  0
                  - IMF (+)                                                                             21,859                                                21,859
                  - other international organizations (+)                                                  842                                                   842
          b. with banks and other financial institutions headquartered in Poland (+)                         0
          c. with banks and other financial institutions headquartered outside Poland (+)                    0
        Undrawn, unconditional credit lines 9/ provided to                                                -269                    0               0             -269
          a. Other national monethary authorities, BIS, IMF and other international organizations (-      -269                                                  -269
                  - other national monetary authorities (-)                                               -269                                                  -269
                  - BIS (-)                                                                                  0
                  - IMF (-)                                                                                  0
                  - other international organizations (-)                                                    0
          b. with banks and other financial institutions headquartered in Poland (-)                         0
          c. with banks and other financial institutions headquartered outside Poland (-)                    0
     4. Aggregate short and long positions of options in foreign currencies vis-a-vis the
        domestic currency 10/
          a. Short positions (-)                                                                                 0                0               0               0
               i. bought puts (-)                                                                                0
               ii. written calls (-)                                                                             0
          b. Long positions (+)                                                                                  0                0               0               0
               i. bought calls (+)                                                                               0
               ii. written puts (+)                                                                              0
PRO MEMORIA: In-the money options 11/
1. At current exchange rates
     a. Short position                                                                                           0
     b. Long position                                                                                            0
2. + 5% (depreciation of 5%)
     a. Short position                                                                                           0
     b. Long position                                                                                            0
3. - 5% (appreciation of 5%)
     a. Short position                                                                                           0
     b. Long position                                                                                            0
4. + 10% (depreciation of 10%)
     a. Short position                                                                                           0
     b. Long position                                                                                            0
5. - 10% (appreciation of 10%)
     a. Short position                                                                                           0
     b. Long position                                                                                            0
6. Other (specify)
     a. Short position                                                                                           0
     b. Long position                                                                                            0
IV. Memo items
     February, 2011                                                                                          in mn EUR
                                                      Items
1. To be reported with standard periodicity and timeliness 12/
       a. short-term domestic currency debt indexed to the exchange rate
       b. financial instruments denominated in foreign currency and settled by other means (e.g., in
           domestic currency) 13/
             - nondeliverable forwards
                   - short positions
                   - long positions
             - other instruments
       c. pladged assets 14/
             - included in reserve assets
             - included in other foreign currency assets
       d. securities lent and on repo 15/                                                                        1,580
             - lent or repoed and included in Table I (-)                                                       -5,333
             - lent or repoed but not included in Table I (-)
             - borrowed or acquired and included in Table 1 (+)
             - borrowed or acquired but not included in Table 1 (+)                                             6,913
       e. financial derivative assets (net, marked to market) 16/                                                   -2
             - forwards
             - futures
             - swaps                                                                                                  -2
             - options
             - other
        f. derivatives (forward, futures, or options contracts) that have a residual maturity greater than
           one year, which are subject to margin calls
                 aggregate short and long positions in forwards and futures in foreign currencies vis-a-
             -
                 vis the domestic currency including the forward leg of currency swaps)
                  a. short positions (-)
                  b. long positions (+)
             - aggregate short and long positions in foreign currencies vis-a-vis the domestic currency
                 a. short positions (-)
                      i.            bought puts (-)
                      ii.           written calls (-)
                 b. long positions (+)
                      i.            bought calls (+)
                      ii.           written puts (+)
(2) Position at the end of month:
   (a) currency composition of reserves (by groups of currencies)                                            74,898
      —currencies in SDR basket                                                                              62,644
      —currencies not in SDR basket                                                                          12,254
                       Template on International Reserves
                                                                        1/, 2/, 3/,
                     and Foreign Currency Liquidity
                                                                                                                 4/
I.    Official reserve assets and other foreign currency assets (approximate market value)
      February, 2011                                                                       in mn PLN


A.    Official reserve assets                                                                297,816
      1.    Foreign currency reserves (in convertible foreign currencies)                    249,608
               a. Securities                                                                 223,632
                        of which:
                                    issuer headquartered in Poland but located
               b. Total currency and deposits with:                                           25,976
                   i    Other national central banks, BIS and IMF                              1,084
                   ii   Banks headquartered in Poland
                        of which:
                                    located abroad
                   iii  Banks headquartered outside Poland                                    24,892
                        of which:
                                    located in Poland
      2.    IMF reserve position                                                               1,634
      3.    SDRs                                                                               5,667
                                                                                      5/
      4.    Gold (including gold deposits and, if appropriate, gold swapped)                  13,418
                - volume in fine troy ounces (mn)                                              3.309
      5.    Other reserve assets (specify)                                                    27,489
                - financial derivatives
                - loans to nonbank nonresidents
                - other                                                                       27,489
B.    Other foreign currency assets (specify)
         - securities not included in official reserve assets
         - deposits not included in official reserve assets
         - loans not included in official reserve assets
         - financial derivatives not included in official reserves assets
         - gold not included in official reserve assets
         - other

II.   Predetermined short-term net drains on foreign currency assets (nominal value)
      February, 2011                                                                                                                             in mn PLN
                                                                                                        Maturity breakdown (residual maturity)

                                          Items                                                                              More than 1    More than 3
                                                                                             Total       Up to 1 month       month and up months and up to 1
                                                                                                                              to 3 months       year

      1.                                                           6/                          -9,943           -1,018            -2,595            -6,330
            Foreign currency loans, securities, and deposits

                                                       Principal                               -2,276                 -263        -1,003            -1,010
              -   Outflows (-)
                                                       Interest                                -7,858                 -758        -1,650            -5,450
                                                       Principal                                  158                    2            55               101
              -   inflows (+)
                                                       Interest                                    33                    1             3                29
      2.    Aggregate short and long positions in forwards and futures in foreign
                                                                                             1,193            1,193                  -                 -
            vis-a-vis the domestic currency (including the forward leg of currency
             a. Short positions (-)                                                                0
             b. Long positions (+)                                                             1,193             1,193                    0                 0
      3.    Other (specify)                                                                  -21,210           -21,206                   -1                -3
              - outflows related to repos (-)                                                -21,206           -21,206                    0                 0
              - inflows related to reverse repos (+)                                               0                 0                    0                 0
              - trade credit (-)                                                                   0                 0                    0                 0
              - trade credit (+)                                                                   0                 0                    0                 0
              - other accounts payable (-)                                                        -4                 0                   -1                -3
              - other accounts receivable (+)                                                      0
III.   Contingent short-term net drains on foreign currency assets (nominal value)
       February, 2011                                                                                                                    in mn PLN
                                                                                                Maturity breakdown (residual maturity)

                                      Items                                                                        More than 1    More than 3
                                                                                    Total        Up to 1 month     month and up months and up to 1
                                                                                                                    to 3 months       year

        1. Contingent liabilities in foreign currency                                 -1,129                -49             -205              -875
             a. Collateral guarantees on debt falling due within 1 year               -1,126                -49             -205              -872
             b. Other contingent liabilities                                              -3                  0                0                -3
      2. Foreign currency securities issued with embedded options
           (puttable bonds) 8/
      3. Undrawn, unconditional credit lines 9/ provided by                          90,266                    0                0           90,266
             a. Other national monethary authorities, BIS, IMF and other             90,266                    0                0           90,266
                      - other national monetary authorities (+)                           0                    0                0                0
                      - BIS (+)                                                           0
                      - IMF (+)                                                      86,918                                                 86,918
                      - other international organizations (+)                         3,348                                                  3,348
             b. with banks and other financial institutions headquartered in              0
             c. with banks and other financial institutions headquartered outside         0
           Undrawn, unconditional credit lines 9/ provided to                        -1,068                    0                0           -1,068
             a. Other national monethary authorities, BIS, IMF and other             -1,068                                                 -1,068
                      - other national monetary authorities (-)                      -1,068                                                 -1,068
                      - BIS (-)                                                           0
                      - IMF (-)                                                           0
                      - other international organizations (-)                             0
             b. with banks and other financial institutions headquartered in              0
             c. with banks and other financial institutions headquartered outside         0
      4. Aggregate short and long positions of options in foreign currencies
           vis-a-vis the domestic currency 10/
             a. Short positions (-)                                                         0                  0                0               0
                  i.    bought puts (-)                                                     0
                  ii.   written calls (-)                                                   0
             b. Long positions (+)                                                          0                  0                0               0
                  i.    bought calls (+)                                                    0
                  ii.   written puts (+)                                                    0
PRO MEMORIA: In-the money options 11/
1.  At current exchange rates
      a. Short position                                                                     0
      b. Long position                                                                      0
2.  + 5% (depreciation of 5%)
      a. Short position                                                                     0
      b. Long position                                                                      0
3.  - 5% (appreciation of 5%)
      a. Short position                                                                     0
      b. Long position                                                                      0
4.  + 10% (depreciation of 10%)
      a. Short position                                                                     0
      b. Long position                                                                      0
5.  - 10% (appreciation of 10%)
      a. Short position                                                                     0
      b. Long position                                                                      0
6.  Other (specify)
      a. Short position                                                                     0
      b. Long position                                                                      0
IV.   Memo items
      February, 2011                                                                              in mn PLN
                                             Items
1.     To be reported with standard periodicity and timeliness 12/
        a. short-term domestic currency debt indexed to the exchange rate
        b. financial instruments denominated in foreign currency and settled by
             other means (e.g., in domestic currency) 13/
               - nondeliverable forwards
                     - short positions
                     - long positions
               - other instruments
        c. pladged assets 14/
                - included in reserve assets
                - included in other foreign currency assets
        d. securities lent and on repo 15/                                                             6,283
                - lent or repoed and included in Table I (-)                                         -21,206
                - lent or repoed but not included in Table I (-)
                - borrowed or acquired and included in Table 1 (+)
                - borrowed or acquired but not included in Table 1 (+)                                27,489
        e. financial derivative assets (net, marked to market) 16/                                         -7
                - forwards
                - futures
                - swaps                                                                                    -7
                - options
                - other
         f. derivatives (forward, futures, or options contracts) that have a residual
             maturity greater than one year, which are subject to margin calls
                   aggregate short and long positions in forwards and futures in
                -
                   foreign currencies vis-a-vis the domestic currency including the
                    a. short positions (-)
                     b. long positions (+)
                - aggregate short and long positions in foreign currencies vis-a-vis the domestic currency
                   a. short positions (-)
                         i.           bought puts (-)
                         ii.          written calls (-)
                   b. long positions (+)
                         i.           bought calls (+)
                         ii.          written puts (+)
(2) Position at the end of month:
   (a) currency composition of reserves (by groups of currencies)                                   297,816
      —currencies in SDR basket                                                                     249,091
      —currencies not in SDR basket                                                                  48,725
                               Template on International Reserves
                                                                                1/, 2/, 3/,
                             and Foreign Currency Liquidity
                                                                                                   4/
I.   Official reserve assets and other foreign currency assets (approximate market value)
     January, 2011                                                                            in mn USD


A. Official reserve assets                                                                       95,743
   1. Foreign currency reserves (in convertible foreign currencies)                              82,149
        a. Securities                                                                            75,111
               of which:
                    issuer headquartered in Poland but located abroad
        b. Total currency and deposits with:                                                       7,038
           i Other national central banks, BIS and IMF                                             2,115
           ii Banks headquartered in Poland
               of which:
                    located abroad
           iii Banks headquartered outside Poland                                                  4,923
               of which:
                    located in Poland
   2. IMF reserve position                                                                           561
   3. SDRs                                                                                         1,945
                                                                                   5/
   4. Gold (including gold deposits and, if appropriate, gold swapped)                             4,412
        - volume in fine troy ounces (mn)                                                          3.309
   5. Other reserve assets (specify)                                                               6,676
        - financial derivatives
        - loans to nonbank nonresidents
        - other                                                                                    6,676
B. Other foreign currency assets (specify)
    - securities not included in official reserve assets
    - deposits not included in official reserve assets
    - loans not included in official reserve assets
    - financial derivatives not included in official reserves assets
    - gold not included in official reserve assets
    - other

II. Predetermined short-term net drains on foreign currency assets (nominal value)
     January, 2011                                                                                                                                  in mn USD
                                                                                                           Maturity breakdown (residual maturity)

                                                 Items                                                                          More than 1      More than 3
                                                                                               Total         Up to 1 month     month and up to months and up to
                                                                                                                                 3 months           1 year

     1. Foreign currency loans, securities, and deposits         6/                               -4,799             -1,838               -925         -2,036

                                    Principal                                                     -2,135             -1,384               -267           -484
          - Outflows (-)
                                    Interest                                                      -2,730               -455               -659         -1,616
                                    Principal                                                         55                  1                  1             53
          - inflows (+)
                                    Interest                                                          11                  0                  0             11
     2. Aggregate short and long positions in forwards and futures in foreign currencies        2,864             2,455                409                -
         vis-a-vis the domestic currency (including the forward leg of currency swaps) 7/
        a. Short positions (-)                                                                         0
        b. Long positions (+)                                                                      2,864              2,455                409                 0
     3. Other (specify)                                                                           -4,819             -4,818                  0                -1
         - outflows related to repos (-)                                                          -4,779             -4,779                  0                 0
         - inflows related to reverse repos (+)                                                        0                -                  -              -
         - trade credit (-)                                                                            0                -                  -              -
         - trade credit (+)                                                                            0                -                  -              -
         - other accounts payable (-)                                                                -40                 -39                 0                -1
         - other accounts receivable (+)                                                               0
III. Contingent short-term net drains on foreign currency assets (nominal value)
   January, 2011                                                                                                                                   in mn USD
                                                                                                          Maturity breakdown (residual maturity)

                                          Items                                                                                  More than 1      More than 3
                                                                                           Total            Up to 1 month       month and up to months and up to
                                                                                                                                  3 months           1 year

    1. Contingent liabilities in foreign currency                                                  -382                 -31                -26            -325
       a. Collateral guarantees on debt falling due within 1 year                                  -381                 -31                -26            -324
       b. Other contingent liabilities                                                               -1                   0                  0              -1
    2. Foreign currency securities issued with embedded options (puttable bonds)    8/



    3. Undrawn, unconditional credit lines 9/ provided by                                    32,341                         0                0          32,341
        a. Other national monethary authorities, BIS, IMF and other international            32,341                         0                0          32,341
             - other national monetary authorities (+)                                            0
             - BIS (+)                                                                            0
             - IMF (+)                                                                       29,828                                                     29,828
             - other international organizations (+)                                          2,513                                                      2,513
        b. with banks and other financial institutions headquartered in Poland (+)                0
        c. with banks and other financial institutions headquartered outside Poland (+)           0
       Undrawn, unconditional credit lines 9/ provided to                                      -375                         0                0            -375
        a. Other national monethary authorities, BIS, IMF and other international              -375                                                       -375
             - other national monetary authorities (-)                                         -375                                                       -375
             - BIS (-)                                                                            0
             - IMF (-)                                                                            0
             - other international organizations (-)                                              0
       b. with banks and other financial institutions headquartered in Poland (-)                 0
        c. with banks and other financial institutions headquartered outside Poland (-)           0
    4. Aggregate short and long positions of options in foreign currencies vis-a-vis the
       domestic currency 10/
        a. Short positions (-)                                                                       0                      0                0                0
           i. bought puts (-)                                                                        0
           ii. written calls (-)                                                                     0
        b. Long positions (+)                                                                        0                      0                0                0
           i. bought calls (+)                                                                       0
           ii. written puts (+)                                                                      0
PRO MEMORIA: In-the money options 11/
1. At current exchange rates
    a. Short position                                                                                0
    b. Long position                                                                                 0
2. + 5% (depreciation of 5%)
    a. Short position                                                                                0
    b. Long position                                                                                 0
3. - 5% (appreciation of 5%)
    a. Short position                                                                                0
    b. Long position                                                                                 0
4. + 10% (depreciation of 10%)
    a. Short position                                                                                0
    b. Long position                                                                                 0
5. - 10% (appreciation of 10%)
    a. Short position                                                                                0
    b. Long position                                                                                 0
6. Other (specify)
    a. Short position                                                                                0
    b. Long position                                                                                 0
IV. Memo items
    January, 2011                                                                                      in mn USD
                                                    Items
1. To be reported with standard periodicity and timeliness 12/
     a. short-term domestic currency debt indexed to the exchange rate
     b. financial instruments denominated in foreign currency and settled by other means (e.g.,
        in domestic currency) 13/
          - nondeliverable forwards
              - short positions
              - long positions
          - other instruments
     c. pladged assets 14/
          - included in reserve assets
          - included in other foreign currency assets
     d. securities lent and on repo 15/                                                                    1,897
          - lent or repoed and included in Table I (-)                                                    -4,779
          - lent or repoed but not included in Table I (-)
          - borrowed or acquired and included in Table 1 (+)
          - borrowed or acquired but not included in Table 1 (+)                                           6,676
     e. financial derivative assets (net, marked to market) 16/                                              -22
          - forwards
          - futures
          - swaps                                                                                            -22
          - options
          - other
     f. derivatives (forward, futures, or options contracts) that have a residual maturity greater
        than one year, which are subject to margin calls
             aggregate short and long positions in forwards and futures in foreign currencies vis-
          -
             a-vis the domestic currency including the forward leg of currency swaps)
             a. short positions (-)
             b. long positions (+)
          - aggregate short and long positions in foreign currencies vis-a-vis the domestic currency
             a. short positions (-)
                 i.    bought puts (-)
                 ii.   written calls (-)
             b. long positions (+)
                 i.    bought calls (+)
                 ii.   written puts (+)
(2) Position at the end of month:
   (a) currency composition of reserves (by groups of currencies)                                        95,743
      —currencies in SDR basket                                                                          80,370
      —currencies not in SDR basket                                                                      15,373
                                  Template on International Reserves
                                                                                   1/, 2/, 3/,
                                and Foreign Currency Liquidity
                                                                                                 4/
I.    Official reserve assets and other foreign currency assets (approximate market value)
      January, 2011                                                                              in mn EUR


A.    Official reserve assets                                                                          70,192
      1.    Foreign currency reserves (in convertible foreign currencies)                              60,226
              a. Securities                                                                            55,066
                      of which:
                                  issuer headquartered in Poland but located abroad
              b. Total currency and deposits with:                                                       5,160
                  i   Other national central banks, BIS and IMF                                          1,550
                  ii  Banks headquartered in Poland
                      of which:
                                  located abroad
                  iii Banks headquartered outside Poland                                                 3,610
                      of which:
                                  located in Poland
      2.    IMF reserve position                                                                           411
      3.    SDRs                                                                                         1,426
      4.    Gold (including gold deposits and, if appropriate, gold swapped) 5/                          3,235
              - volume in fine troy ounces (mn)                                                          3.309
      5.    Other reserve assets (specify)                                                               4,894
              - financial derivatives
              - loans to nonbank nonresidents
              - other                                                                                    4,894
B.    Other foreign currency assets (specify)
         - securities not included in official reserve assets
         - deposits not included in official reserve assets
         - loans not included in official reserve assets
         - financial derivatives not included in official reserves assets
         - gold not included in official reserve assets
         - other

II.   Predetermined short-term net drains on foreign currency assets (nominal value)
      January, 2011                                                                                                                                    in mn EUR
                                                                                                              Maturity breakdown (residual maturity)

                                                    Items                                                                        More than 1    More than 3
                                                                                                      Total      Up to 1 month   month and up months and up to
                                                                                                                                  to 3 months      1 year

      1.                                                           6/                                   -3,518         -1,347             -678            -1,493
           Foreign currency loans, securities, and deposits

                                            Principal                                                   -1,566         -1,015             -196              -355
             -   Outflows (-)
                                            Interest                                                    -2,001           -333             -483            -1,185
                                            Principal                                                       41              1                1                39
             -   inflows (+)
                                            Interest                                                         8              0                0                 8
      2.   Aggregate short and long positions in forwards and futures in foreign currencies
                                                                                                      2,100         1,800              300                  -
           vis-a-vis the domestic currency (including the forward leg of currency swaps) 7/
            a. Short positions (-)                                                                           0
            b. Long positions (+)                                                                        2,100          1,800              300                   0
      3.   Other (specify)                                                                              -3,532         -3,531                0                  -1
             - outflows related to repos (-)                                                            -3,503         -3,503                0                   0
             - inflows related to reverse repos (+)                                                          0              0                0                   0
             - trade credit (-)                                                                              0              0                0                   0
             - trade credit (+)                                                                              0              0                0                   0
             - other accounts payable (-)                                                                  -29            -28                0                  -1
             - other accounts receivable (+)                                                                 0
III. Contingent short-term net drains on foreign currency assets (nominal value)
    January, 2011                                                                                                                                          in mn EUR
                                                                                                                  Maturity breakdown (residual maturity)

                                               Items                                                                                  More than 1    More than 3
                                                                                                       Total          Up to 1 month   month and up months and up to
                                                                                                                                       to 3 months      1 year

      1. Contingent liabilities in foreign currency                                                            -280            -23              -19             -238
          a. Collateral guarantees on debt falling due within 1 year                                           -279            -23              -19             -237
          b. Other contingent liabilities                                                                        -1              0                0               -1
      2. Foreign currency securities issued with embedded options (puttable bonds)        8/



     3. Undrawn, unconditional credit lines 9/ provided by                                              23,710                    0               0           23,710
          a. Other national monethary authorities, BIS, IMF and other international organizations       23,710                    0               0           23,710
                  - other national monetary authorities (+)                                                  0
                  - BIS (+)                                                                                  0
                  - IMF (+)                                                                             21,868                                                21,868
                  - other international organizations (+)                                                1,842                                                 1,842
          b. with banks and other financial institutions headquartered in Poland (+)                         0
          c. with banks and other financial institutions headquartered outside Poland (+)                    0
        Undrawn, unconditional credit lines 9/ provided to                                                -275                    0               0             -275
          a. Other national monethary authorities, BIS, IMF and other international organizations (-      -275                                                  -275
                  - other national monetary authorities (-)                                               -275                                                  -275
                  - BIS (-)                                                                                  0
                  - IMF (-)                                                                                  0
                  - other international organizations (-)                                                    0
          b. with banks and other financial institutions headquartered in Poland (-)                         0
          c. with banks and other financial institutions headquartered outside Poland (-)                    0
     4. Aggregate short and long positions of options in foreign currencies vis-a-vis the
        domestic currency 10/
          a. Short positions (-)                                                                                 0                0               0               0
               i. bought puts (-)                                                                                0
               ii. written calls (-)                                                                             0
          b. Long positions (+)                                                                                  0                0               0               0
               i. bought calls (+)                                                                               0
               ii. written puts (+)                                                                              0
PRO MEMORIA: In-the money options 11/
1. At current exchange rates
     a. Short position                                                                                           0
     b. Long position                                                                                            0
2. + 5% (depreciation of 5%)
     a. Short position                                                                                           0
     b. Long position                                                                                            0
3. - 5% (appreciation of 5%)
     a. Short position                                                                                           0
     b. Long position                                                                                            0
4. + 10% (depreciation of 10%)
     a. Short position                                                                                           0
     b. Long position                                                                                            0
5. - 10% (appreciation of 10%)
     a. Short position                                                                                           0
     b. Long position                                                                                            0
6. Other (specify)
     a. Short position                                                                                           0
     b. Long position                                                                                            0
IV. Memo items
     January, 2011                                                                                           in mn EUR
                                                      Items
1. To be reported with standard periodicity and timeliness 12/
       a. short-term domestic currency debt indexed to the exchange rate
       b. financial instruments denominated in foreign currency and settled by other means (e.g., in
           domestic currency) 13/
             - nondeliverable forwards
                   - short positions
                   - long positions
             - other instruments
       c. pladged assets 14/
             - included in reserve assets
             - included in other foreign currency assets
       d. securities lent and on repo 15/                                                                        1,391
             - lent or repoed and included in Table I (-)                                                       -3,503
             - lent or repoed but not included in Table I (-)
             - borrowed or acquired and included in Table 1 (+)
             - borrowed or acquired but not included in Table 1 (+)                                             4,894
       e. financial derivative assets (net, marked to market) 16/                                                  -16
             - forwards
             - futures
             - swaps                                                                                               -16
             - options
             - other
        f. derivatives (forward, futures, or options contracts) that have a residual maturity greater than
           one year, which are subject to margin calls
                 aggregate short and long positions in forwards and futures in foreign currencies vis-a-
             -
                 vis the domestic currency including the forward leg of currency swaps)
                  a. short positions (-)
                  b. long positions (+)
             - aggregate short and long positions in foreign currencies vis-a-vis the domestic currency
                 a. short positions (-)
                      i.            bought puts (-)
                      ii.           written calls (-)
                 b. long positions (+)
                      i.            bought calls (+)
                      ii.           written puts (+)
(2) Position at the end of month:
   (a) currency composition of reserves (by groups of currencies)                                            70,192
      —currencies in SDR basket                                                                              58,922
      —currencies not in SDR basket                                                                          11,270
                       Template on International Reserves
                                                                        1/, 2/, 3/,
                      and Foreign Currency Liquidity
                                                                                                                 4/
I.    Official reserve assets and other foreign currency assets (approximate market value)
      January, 2011                                                                        in mn PLN


A.    Official reserve assets                                                                276,172
      1.    Foreign currency reserves (in convertible foreign currencies)                    236,961
               a. Securities                                                                 216,659
                        of which:
                                    issuer headquartered in Poland but located
               b. Total currency and deposits with:                                           20,302
                   i    Other national central banks, BIS and IMF                              6,100
                   ii   Banks headquartered in Poland
                        of which:
                                    located abroad
                   iii  Banks headquartered outside Poland                                    14,202
                        of which:
                                    located in Poland
      2.    IMF reserve position                                                               1,617
      3.    SDRs                                                                               5,610
                                                                                      5/
      4.    Gold (including gold deposits and, if appropriate, gold swapped)                  12,728
                - volume in fine troy ounces (mn)                                              3.309
      5.    Other reserve assets (specify)                                                    19,256
                - financial derivatives
                - loans to nonbank nonresidents
                - other                                                                       19,256
B.    Other foreign currency assets (specify)
         - securities not included in official reserve assets
         - deposits not included in official reserve assets
         - loans not included in official reserve assets
         - financial derivatives not included in official reserves assets
         - gold not included in official reserve assets
         - other

II.   Predetermined short-term net drains on foreign currency assets (nominal value)
      January, 2011                                                                                                                              in mn PLN
                                                                                                        Maturity breakdown (residual maturity)

                                          Items                                                                            More than 1    More than 3
                                                                                             Total       Up to 1 month     month and up months and up to 1
                                                                                                                            to 3 months       year

      1.                                                           6/                        -13,841            -5,301           -2,666             -5,874
            Foreign currency loans, securities, and deposits

                                                       Principal                               -6,160           -3,993             -770             -1,397
              -   Outflows (-)
                                                       Interest                                -7,873           -1,312           -1,900             -4,661
                                                       Principal                                  159                3                3                153
              -   inflows (+)
                                                       Interest                                    33                1                1                 31
      2.    Aggregate short and long positions in forwards and futures in foreign
                                                                                             8,262            7,082           1,180                   -
            vis-a-vis the domestic currency (including the forward leg of currency
             a. Short positions (-)                                                                0
             b. Long positions (+)                                                             8,262             7,082            1,180                    0
      3.    Other (specify)                                                                  -13,899           -13,895               -1                   -3
              - outflows related to repos (-)                                                -13,784           -13,784                0                    0
              - inflows related to reverse repos (+)                                               0                 0                0                    0
              - trade credit (-)                                                                   0                 0                0                    0
              - trade credit (+)                                                                   0                 0                0                    0
              - other accounts payable (-)                                                      -115              -111               -1                   -3
              - other accounts receivable (+)                                                      0
III.   Contingent short-term net drains on foreign currency assets (nominal value)
       January, 2011                                                                                                                     in mn PLN
                                                                                                Maturity breakdown (residual maturity)

                                      Items                                                                        More than 1    More than 3
                                                                                    Total        Up to 1 month     month and up months and up to 1
                                                                                                                    to 3 months       year

        1. Contingent liabilities in foreign currency                                 -1,102                -89              -76              -937
             a. Collateral guarantees on debt falling due within 1 year               -1,099                -89              -76              -934
             b. Other contingent liabilities                                              -3                  0                0                -3
      2. Foreign currency securities issued with embedded options
           (puttable bonds) 8/
      3. Undrawn, unconditional credit lines 9/ provided by                          93,287                    0                0           93,287
             a. Other national monethary authorities, BIS, IMF and other             93,287                    0                0           93,287
                      - other national monetary authorities (+)                           0                    0                0                0
                      - BIS (+)                                                           0
                      - IMF (+)                                                      86,040                                                 86,040
                      - other international organizations (+)                         7,247                                                  7,247
             b. with banks and other financial institutions headquartered in              0
             c. with banks and other financial institutions headquartered outside         0
           Undrawn, unconditional credit lines 9/ provided to                        -1,082                    0                0           -1,082
             a. Other national monethary authorities, BIS, IMF and other             -1,082                                                 -1,082
                      - other national monetary authorities (-)                      -1,082                                                 -1,082
                      - BIS (-)                                                           0
                      - IMF (-)                                                           0
                      - other international organizations (-)                             0
             b. with banks and other financial institutions headquartered in              0
             c. with banks and other financial institutions headquartered outside         0
      4. Aggregate short and long positions of options in foreign currencies
           vis-a-vis the domestic currency 10/
             a. Short positions (-)                                                         0                  0                0               0
                  i.    bought puts (-)                                                     0
                  ii.   written calls (-)                                                   0
             b. Long positions (+)                                                          0                  0                0               0
                  i.    bought calls (+)                                                    0
                  ii.   written puts (+)                                                    0
PRO MEMORIA: In-the money options 11/
1.  At current exchange rates
      a. Short position                                                                     0
      b. Long position                                                                      0
2.  + 5% (depreciation of 5%)
      a. Short position                                                                     0
      b. Long position                                                                      0
3.  - 5% (appreciation of 5%)
      a. Short position                                                                     0
      b. Long position                                                                      0
4.  + 10% (depreciation of 10%)
      a. Short position                                                                     0
      b. Long position                                                                      0
5.  - 10% (appreciation of 10%)
      a. Short position                                                                     0
      b. Long position                                                                      0
6.  Other (specify)
      a. Short position                                                                     0
      b. Long position                                                                      0
IV.   Memo items
      January, 2011                                                                               in mn PLN
                                             Items
1.     To be reported with standard periodicity and timeliness 12/
        a. short-term domestic currency debt indexed to the exchange rate
        b. financial instruments denominated in foreign currency and settled by
             other means (e.g., in domestic currency) 13/
               - nondeliverable forwards
                     - short positions
                     - long positions
               - other instruments
        c. pladged assets 14/
                - included in reserve assets
                - included in other foreign currency assets
        d. securities lent and on repo 15/                                                             5,472
                - lent or repoed and included in Table I (-)                                         -13,784
                - lent or repoed but not included in Table I (-)
                - borrowed or acquired and included in Table 1 (+)
                - borrowed or acquired but not included in Table 1 (+)                                19,256
        e. financial derivative assets (net, marked to market) 16/                                       -63
                - forwards
                - futures
                - swaps                                                                                  -63
                - options
                - other
         f. derivatives (forward, futures, or options contracts) that have a residual
             maturity greater than one year, which are subject to margin calls
                   aggregate short and long positions in forwards and futures in
                -
                   foreign currencies vis-a-vis the domestic currency including the
                    a. short positions (-)
                     b. long positions (+)
                - aggregate short and long positions in foreign currencies vis-a-vis the domestic currency
                   a. short positions (-)
                         i.           bought puts (-)
                         ii.          written calls (-)
                   b. long positions (+)
                         i.           bought calls (+)
                         ii.          written puts (+)
(2) Position at the end of month:
   (a) currency composition of reserves (by groups of currencies)                                   276,172
      —currencies in SDR basket                                                                     231,829
      —currencies not in SDR basket                                                                  44,343
                                                             FOOTNOTES


 1/
      In principle, only instruments denominated and settled in foreign currency (or those whose valuation is
      directly dependent on the exchange rate and that are settled in foreign currency) are included in
      Tables I, II, and III of the template. Financial instruments denominated in foreign currency and settled in other
      ways (e.g., in domestic currency or commodities) are included as memo items in Table IV.

 2/
      Netting of positions is allowed only if they have the same maturity, are against the same counterparty, and
      a master netting agreement is in place. Positions on organized exchanges could also be netted.

 3/
      Monetary authorities defined according to the IMF Balance of Payments Manual , Fifth Edition. In case of
      Poland it is National Bank of Poland (NBP).

 4/
      In case of large positions vis-à-vis institutions headquartered in the reporting country, in instruments
      other than deposits or securities, they should be reported as separate items.

 5/
      The monetary gold is presented in ounces at market prices.

 6/
      Including interest payments due within the corresponding time horizons. Foreign currency deposits held by
      nonresidents with central banks would also be included here. Securities referred to are those issued
      by NBP and the central government (excluding social security funds).

 7/
      In the event of forward or futures positions with a residual maturity longer than one year, which
      could be subject to margin calls, these would be reported separately in Table IV.

 8/
      Only bonds with a residual maturity longer than one year would be reported under this item, as those
      with shorter maturities will already be included in Table II, above.

 9/
      Potential inflows and potential outflows are distinguished as resulting from contingent lines of credit
      and are reported separately, in the specified format.

10/
      In the event of option positions with a residual maturity longer than one year, which could be
      subject to margin calls, these would be reported separately in Table IV.

11/
      These "stress-tests" are an encouraged, rather than a prescribed, category of information in the IMF’s
      Special Data Dissemination Standard (SDDS). Could be disclosed in the form of a graph.

12/
      Distinguished between assets and liabilities where applicable.

13/
      Types of instrument identified; the valuation principles are the same as in Tables form I to III.

14/
      Only assets included in Table I that are pledged would be reported here.

15/
      Assets that are lent or repoed are reported here, whether or not included in Table I of the template,
      along with any associated liabilities in Table II. These are reported in two separate categories, depending on
      whether or not included in Table I. Similarly, securities that are borrowed or acquired under repo
      agreements are reported as a separate item and treated symmetrically.

16/
      Types of instrument would be identified. The main characteristics of internal models used to calculate
      the market value would be disclosed.
                                                     METHODOLOGICAL NOTES


    Poland, in line with recommendations of the International Monetary Fund (IMF) for states participating in Special Data
Dissemination Standard (SDDS) presents liquid assets and liabilities denominated in foreign currencies according to the rules
determined in the "Data Template on International Reserves and Foreign Currency Liquidity - Operational Guidelines".
The presentation comprises of four tables including certain assets and liabilities of the National Bank of Poland (NBP) and
Poland's Government.

Table I
"Official reserves assets and other foreign currency assets". The table presents stocks of the following items:
      A. Official reserve assets
      B. Other foreign currency assets
Ad A.      Official reserve assets include liquid foreign assets held and fully controlled by the National Bank of Poland. They
           protect potential balance of payments operations, and may be used fir interventions in the Polish foreign exchange
           market. Official reserve assets reflect the stock of assets as of certain reporting date calculated at a market or
           approximate market value, and cover only actually existing assets denominated in foreign currencies. Official reserve
           assets comprise the following financial instruments:
             1. Assets in foreign currencies (securities, foreign currency cash held in NBP vaults, deposits with banks abroad)
             2. Reserve position in the IMF
             3. SDRs (NBP's current account with IMF)
             4. Monetary gold
             5. Other reserve assets
           This category replaced previously published "Gross official reserves" that differed form reserve assets with the treatment
           of repo transactions. Gross official reserves included the value of net repo transactions (difference between assets and
           liabilities side repo transactions). The category of official reserve assets, introduced startind from 31 May 2000,
           only assets side repo transactions, which treatment is in line with the IMF definition.
Ad B.      Other foreign currency assest, similar to official reserve assets, comprise only only liquid claims of Poland's Government
           (except for claims of social security funds) in convertible currencies, and other items not included under reserve assets.

Table II
"Predetermined short-term net drains of foreign currency assets (nominal value)". This Table includes predetermined inflow (+)
and outflow (-) of foreign currencies resulting from different short-term assets and liabilities (with original maturity up to 1 year),
both balance-sheet and off-balance-sheet. Predetermined inflow of principal and interest (assets) and outflow of principal and
interest (liabilities) refer mainly to loans and credits, securities, and foreign currency deposits, both of non-residents and residents.

Table III
"Contingent short-term net drains of foreign currency assests (nominal value)". This Table includes potential inflow (+) and outflow
(-) of foreign currencies due to guarantees or unused credit lines.

Table IV
"Additional information on assets and liabilities". The Table covers supplementary information on items included in Tables I-III.

				
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