The Management Board of CIECHS.A. with its registered office in Warsaw (the "Company"), herebyinforms that today it has received the decision of the District Courtfor the capital city of Warsaw in Warsaw, XII Commercial Division of theNational Court Register, regarding registration of amendments to theArticles of Association of CIECH S.A. made by virtue of Resolution No.18 of the Annual General Meeting of CIECH S.A. of 22 June 2017 (ascommunicated to the public by the Company in its current report no.12/2017 of 22 June 2017).

The Articles of Association of the Company wereamended in the scope of§ 20section1, 3,4, 7, 8 and § 24section4point4,section6 and 8.

TheAnnual General Meeting of CIECH S.A. amended the Articles of Associationof CIECH S.A. as follows:

·§20 section 1, in its existing wording:

TheSupervisory Board shall be formed of five to nine members appointed bythe Shareholders' Meeting.wasreplaced by:TheSupervisory Board shall be formed of five to nine members appointed bythe Shareholders' Meeting. The number of members of the SupervisoryBoard shall be determined by the Shareholders' Meeting by way ofresolution.

·§20 section 3, in its existing wording:

Individualmembers of the Supervisory Board may be at any time dismissed in amanner provided for their appointment.wasreplaced by:Individualmembers of the Supervisory Board may be at any time dismissed by theShareholders' Meeting.

·§20 section 4, in its existing wording:

TheSupervisory Board shall operate on the basis of the Rules andRegulations adopted by the Supervisory Board and approved by theShareholders' Meeting.wasreplaced by:TheSupervisory Board shall operate on the basis of the Rules andRegulations adopted by the Supervisory Board and approved by theShareholders' Meeting, which shall detail the principles of itsproceedings.

·Sections7 and 8 was deleted from § 20, the current wording of these sections isas follows:

section7:Meetingsof the Supervisory Board shall be convened by means of a writtennotification of the time and agenda of the meeting, delivered to eachmember of the Supervisory Board fourteen days before the planned date ofthe meeting. A notification of a meeting of the Supervisory Board mayalso be sent to a member of the Board by means of an electronic mail, ifsuch member has previously granted his consent to such form ofcommunication, providing an e-mail address to which such notificationshould be sent.section8:Inthe event that the on-going activity of the Company requires immediateconvening of the Supervisory Board, this may be done, but resolutionsadopted during such meeting shall be valid only if each of the membersof the Supervisory Board delivers to the Chairman, and in the event ofhis absence, to his Deputy or to the secretary, not later than beforethe opening of the meeting, a written statement that he has been dulynotified of the date and subject matter of such meeting. The abovestatement may also be sent by fax or electronic mail to thenumber/electronic mail address indicated on the website of the Company.

·§24 section 4, point 4), in its existing wording:4)convening of Shareholders' Meetings and adoption of the proposed agenda;wasreplaced by:4)convening of Shareholders' Meetings and determination of their agenda;

·§24 section 6, in its existing wording:

Resolutionsof the Management Board shall be adopted by means of an absolutemajority of votes. In the event of an equal number of votes, the vote ofthe President of the Management Board shall be decisive.wasreplaced by:Resolutionsof the Management Board shall be adopted by means of an absolutemajority of votes, with at least half of its members participating inthe vote. In the event of an equal number of votes, the vote of thePresident of the Management Board shall be decisive.

·In§ 24, was added to section 8, which shall read as follows:TheManagement Board may adopt its resolutions without a duly convenedmeeting, by way of votes cast in writing or means of direct distantcommunication, provided however that any resolutions adopted in theaforementioned manner shall be effective if all members of theManagement Board have received a notification specifying the contents ofthe proposed resolution.

Theconsolidated text of the Articles of Association of the Company, adoptedby resolution no. 19 of the Annual General Meeting of 22 June 2017 (ascommunicated to the public by the Company in its current report no.12/2017 of 22 June 2016), has been appended to this report.