Current report 33/2016Orange Polska S.A. - Warsaw, Poland19May 2016

(translation of Polishversion)title:Orange Polska bond issue within the Group

Pursuant to art. 5, clause 1, item 6 of the Decree of the Minister ofFinance of 19 February 2009 on current and periodic informationdisclosed by issuers of securities and conditions for recognising asequivalent information required by the laws of a non-member state(Journal of Laws of 2009 No. 33, item 259, with amendments) theManagement Board of Orange Polska S.A. announces that Orange Polska S.A.has received information about the acquisition by a subsidiary ofsecurities issued by Orange Polska S.A.1. On 18 May 2016 OrangePolska S.A. issued Orange Polska S.A. Bonds under the Orange Polska S.A.Bond Issuance Programme of 6 July 2015. The aggregate par value of theBonds is PLN 45,400,000 namely:a) The issue of PLN 26,400,000 withthe redemption date of 17 June 2016 and issue rate of 1.31% per annum,which has been acquired by TP Invest Sp. z o.o., in which Orange PolskaS.A. holds 100% interest, corresponding to 100% of the total number ofvotes at the General Meeting of Shareholders;b) The issue of PLN19,000,000 with the redemption date of 1 June 2016 and issue rate of1.31% per annum, which has been acquired by Orange Customer Service Sp.z o.o., in which Orange Polska S.A. holds 100% interest, correspondingto 100% of the total number of votes at the General Meeting ofShareholders.2. On 19 May 2016 Orange Polska S.A. issued OrangePolska S.A. Bonds under the Orange Polska S.A. Bond Issuance Programmeof 6 July 2015. The aggregate par value of the Bonds is PLN 27,000,000with the redemption date of 2 June 2016 and issue rate of 1.32% perannum. The issue has been acquired by TP Teltech Sp. z o.o., in whichOrange Polska S.A. holds 100% interest, corresponding to 100% of thetotal number of votes at the General Meeting of Shareholders.TheBonds are denominated in PLN and have been offered by private placement,exclusively within the territory of the Republic of Poland. The Bondshave been issued as non-material unsecured bearer discount bonds(zero-coupon bonds). The Bonds will be redeemed per their par value. Thepar value of one bond equals PLN 10,000. Orange Polska S.A. does notanticipate introducing the Bonds into public trading. The bonds are usedfor the management of Orange Polska Group working capital. As a resultof the issue, the aggregate par value of the outstanding Bonds issuedunder the programme is PLN 238,400,000 (as of 19 May 2016).