Registration of the share capital increase and of changes to the Statutes

The Management Board of PGE Polska Grupa Energetyczna S.A. ("PGE", the"Company") has taken information that on November 25, 2016, the DistrictCourt of the City of Warsaw, XII Commercial Division of the NationalCourt Register (the "Register Court") registered the change in sharecapital amount and the changes to the Company's Statutes, made on theground of resolutions no. 4 and 5 of the Extraordinary General Meeting("EGM") of the Company of September 5, 2016.

The Register Court registered the increase of share capital of theCompany from the amount of PLN 18,697,608,290 to PLN 19,165,048,497.25i.e. by PLN 467,440,207.25 by increasing the nominal value of the sharesin series A, B, C and D from PLN 10 to PLN 10.25. The total number ofshares and votes resulting from all issued shares, after theregistration of the changes in the amount of the share capital of PGE,amounts to 1,869,760,829.

The particular changes made to the Statutes on the ground of theresolution no 5 of the EGM of the Company of September 5, 2016, werepresented in the report no. 50/2016 dated September 6, 2016. TheManagement Board of PGE encloses the consolidated text of the Statutesincluding above mentioned changes. Establishing the consolidated text ofthe Statutes is the competence of the Supervisory Board.

Legal ground: § 15 in connection with § 5 section 1 point 9 and § 38section 1 point 2 of the Regulation of the Minister of Finance datedFebruary 19, 2009 on current and periodic information published byissuers of securities and on conditions under which such information maybe recognized as being equivalent to information required by theregulations of law of a state which is not a member state. (DziennikUstaw of 2014, item 133).