Filed pursuant to Rule 433
January 16, 2014
Relating to
Preliminary Prospectus Supplement dated January 15, 2014 to
Registration Statement No. 333-181827
THE STATE TREASURY OF THE REPUBLIC OF POLAND
Represented by the Minister of Finance
Pricing Term Sheet
| Issuer: | The State Treasury of the Republic of Poland Represented by the Minister of Finance |
| Principal Amount: | U.S.$2,000,000,000 |
| Maturity Date: | January 22, 2024 |
| Coupon: | 4.000% |
| Price to Public: | 99.194% |
| Yield to Maturity: | 4.099% |
| Spread to Benchmark Treasury: | +125 basis points |
| Benchmark Treasury: | UST 2.750% due November 15, 2023 |
| Benchmark Treasury Yield: | 2.849% |
| Interest Payment Dates: | January 22 and July 22, commencing July 22, 2014 |
| Pricing Date: | January 16, 2014 |
| Settlement Date (T+3): | January 22, 2014 |
| CUSIP / ISIN: | 857524AC6/US857524AC63 |
| Denominations: | U.S.$1,000 and integral multiples thereof |
| Day Count: | 360-day year of twelve 30-day months |
| Joint Bookrunners: | Barclays Capital Inc., Citigroup Global Markets Inc. and Goldman Sachs International |
| Ratings of the Republic of Poland: | A2 (Moody’s) / A- (S&P) / A- (Fitch) |
Note:A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision orwithdrawal at any time.
The issuer has filed a registration statement (including a prospectus) with the U.S. Securities and Exchange Commission (“SEC”) for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling Barclays Capital Inc. at +1 888 603 5847, Citigroup Global Markets Inc. at +1 800 831 9146, or Goldman Sachs International at +1 866 471 2526.