Submission of new offer with partners for acquisition of EDF assets in Poland

68/2016

30.11.2016 19:30

Art. 17 sect. 1 of MAR – inside information.

Contents of the report

The Management Board of PGE Polska Grupa Energetyczna S.A. (the “Company”), in connection to the current report no. 55/2016 dated September 16, 2016, discloses that on November 30, 2016 the Company together with ENEA S.A., Energa S.A. and PGNiG Termika S.A. (the “Business Partners”) jointly submitted to EDF International SAS (“EDF”) a new offer for purchase of shares and stakes in EDF subsidiaries in Poland, possessing conventional generation assets and operating a service business.

Submission of the new offer by the Business Partners took place in connection with the forthcoming termination of validity date of the offer submitted on September 16, 2016.

The new offer will be valid for 90 days from the submission date and is dependent, among others, on results of due diligence which will be the basis for the further decisions about the potential transaction.

Signatures of persons representing the company

Date Name Position and function
2016-11-30 20:30:39 Emil Wojtowicz Vice-President of the Management Board
2016-11-30 20:30:39 Marek Pastuszko Vice-President of the Management Board