Columbus Energy S.A.

Report Publication Announcement • Jun 14, 2019

May FY2019 production update

Current report no. 8/2019 Dated June 14, 2019

The Board of Directors of Coal Energy S.A. (the "Company") hereby provides update on coal production in May FY2019. The financial year 2019 of the Company commenced on the 1st July 2018 and will end on the 30th June 2019.

in tonnes	May FY2019	May FY2018	change % y-o-y	change in tonnes y-o-y	April FY2019	change % m-o-m	change in tonnes m-o-m
Total coal production	8 298	11 979	-30.7%	-3 681	10 078	-17.7%	-1 780

Production of coal from mining composed 8 298 tonnes of coking coal.

Signatures of individuals authorized to represent the Company:

Elena Belousova

Legal grounds: Art. 56 of the Polish Act of 29 July 2005 on the public offering, conditions governing the introduction of financial instruments to organized trading system and on public companies, and the Luxembourg Act of 11 January 2008 on transparency obligations of securities issuers, as amended.