Fitch Ratings assigns PGE’s domestic bonds a final senior unsecured National Rating

The Management Board of PGE Polska Grupa Energetyczna S.A. (“PGE”), in relation to current report no 47/2013 dated June 10, 2013, discloses that on July 3, 2013 Fitch Ratings has assigned PGE’s issued domestic bonds with a nominal value of PLN 1,000,000,000 a final senior unsecured National Rating of ‘AA-(pol)’. PGE’s National Long-term rating of the issuer is ‘AA-(pol)’ with a stable outlook.

According to a Fitch Ratings definition, national rating AA determinates that an issuer or bond issue represent very low risk in comparison with other issuers or bond issues in Poland. Risk is only insignificantly higher than risk represented by issuers or bond issues with the highest rankings.

Bonds were issued within bond issue program of up to PLN 5,000,000,000 established on August 29, 2011 (see current report no 35/2011 dated August 29, 2011). Bonds were offered in the private placement.

Legal ground: § 32 in connection with § 5 section 1 point 26 of the Regulation of the Minister of Finance dated February 19, 2009 on current and periodic information published by issuers of securities and on conditions under which such information may be recognized as being equivalent to information required by the regulations of law of a state which is not a member state. (Dziennik Ustaw of 2009, No. 33, item 259, as amended).