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PGE Group releases Q1 2016 report

12.05.2016

• Lower electricity prices and volumes impact financial and operating results • Investment programme progressing as planned • Strategy review targeting higher effectiveness to be completed in Q3

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PGG: Investors and banks reach agreement

09.05.2016

On 26 April 2016, an agreement was reached regarding the launch of Polska Grupa Górnicza (PGG). The investors are entering PGG on market terms and will rigorously supervise the company in implementing its business plan. Analyses show that the investment will generate positive rates of return for investors.

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PGE: investment in PGG in line with the market leader’s strategic objectives

09.05.2016

PGE GiEK, a PGE Group company, has signed an agreement to purchase ultimately a 17.1% stake in Polska Grupa Górnicza (PGG). This financial investment will be carried out on market terms and is in line with PGE Group’s strategy as it secures a raw material base with parameters complying with the Group’s energy units, both existing and those currently under construction.

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PGE Group publishes report for 2015

17.02.2016

• PGE Group posts good financial and operating results despite unstable market conditions • Highest EBITDA in history (PLN 8.2 billion) and strong earnings per share (PLN 2.29) • Substantial impairment of asset book value, mainly in the conventional energy segment, resulting in a net loss of PLN 3 billion

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The third quarter of 2015 - good performance on an increasingly demanding market. PGE continues investment program and secures the sources of its financing

10.11.2015

The consolidated net operating profit of PGE Polska Grupa Energetyczna after depreciation and amortization (EBITDA) in 3Q'15 amounted to PLN 2 billion and increased by 15 percent compared to the previous year. The revenues from sales exceeded PLN 6.9 billion and were about 4 percent higher in the same period.

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