PGE Polska Grupa Energetyczna S A : Enclosure no. 1 - Information on the amendments to the Company Statutes

Information on the proposed amendments to the Company Statutes

1. The proposal provides for the addition of clause § 7 of the Company Statutes with the following wording:

"§ 7

"§ 7 of the Company Statutes is amended in such a way that it will have the following wording:

"The share capital of the Company shall be PLN 19,183,746,098.70 (say: nineteen billion one hundred and eighty-three million seven hundred and forty-six thousand and ninety-eight zloty and seventy groszy) and shall be divided into 2,243,712,994 (say: two billion two hundred and forty-three million seven hundred and twelve thousand nine hundred and ninety-four) shares with a par value of PLN 8.55 (say: eight zloty and fifty-five groszy) each, including:

1. 1,470,576,500 series "A" bearer shares,
2. 259,513,500 series "B" bearer shares,
3. 73,228,888 series "C" bearer shares,
4. 66,441,941 series "D" bearer shares,
5. 373,952,165 series "E" bearer shares.

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