Proposal of the Management Board of PGE Polska Grupa Energetyczna S.A. regarding split of profit for 2009

The Management Board of PGE Polska Grupa Energetyczna S.A. (the “Company”) informs that on March 15, 2009 it decided to address the Company’s Annual General Meeting with a motion for approval of suggested division of net profit for 2009.In accordance with the proposal, net profit for 2009 in amount of PLN 1,440,497,736.84 shall be divided as follows:1) PLN 125,629,336.84 shall be allocated to reserve capital,2) PLN 1,314,868,400.00 shall be allocated as a dividend for shareholders.Legal ground: Art. 56 section 1 point 1 of the Act on public offering, conditions governing the introduction of financial instruments to organised trading, and public companies (tj. Dziennik Ustaw 2009, no 185 item 1439).