Estimated selected financial and operating data for 9 months of 2018.The Management Board of PGE Polska Grupa Energetyczna S.A. (“PGE”) publishes initial selected consolidated financial and operating data for 9 months of 2018.

According to the initial estimates net electricity production at PGE generating units in 9 months of 2018 amounted to 49.1 TWh, distribution volume reached 27.1 TWh and sales to final off-takers came out at 31.5 TWh. Heat sales volume amounted to 32.4 PJ.

Consolidated EBITDA in 9 months of 2018 amounted to approximately PLN 5,141 million; including:EBITDA of Conventional Generation segment (including Heating) PLN 2,366 million,EBITDA of Distribution segment PLN 1,892 million,EBITDA of Supply segment PLN 459 million,EBITDA of Renewables segment PLN 354 million.

Consolidated net profit attributable to equity holders of the parent company amounted to approximately PLN 1,697 million (i.e. earnings per share of PLN 0.91).

CAPEX amounted to PLN 3,759 million.Estimated net debt as at September 30, 2018 was PLN 9,628 million.

Average electricity wholesale price realized by Conventional Generation segment in 9 months of 2018 amounted to PLN 176.3 per MWh (on comparable basis - i.e. without assets acquired in November 2017).

Disclaimer: Presented values are estimated and may change. Consolidated financial statements of the PGE Group are still in the process of preparations. The consolidated report for 9 months of 2018 will be published on November 13, 2018.