NOWE FINANSE LIMITED - Proposals to Return Assets to Shareholders via Compulsory Redemption

Hamilton, Bermuda -1s October, 2009 - The Directors of Nowe Finanse Limited (the "Company" Ticker: NOWEFIN.BH), wish to advise further in relation to the Circular issued to Shareholders on 01 October 2009 regarding the return of assets to shareholders by way of compulsory redemption in cash or in specie and in cash.

In the event that Shareholders elect for Option B to take their entitlement in specie and in cash, should the situation arise that the PZU shares have not been re-registered in their name before the ex date of the dividend due on 19 November 2009 and if the dividend is received by the Company, an amount proportionate to their entitlement to the dividend will be passed on to them net of any charges, taxes or other costs.

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