Energa S.A.

Regulatory Filings • Apr 4, 2018

Current report No: 14/2018

Date: 4 Apr 2018

Issuer's abridged name: ENERGA SA

Legal basis: Article 17(1) MAR - inside information

Subject: Resolution of a public procurement award procedure titled"Construction of Elektrownia Ostrołęka C with a capacity ofapproximately 1,000 MW"

Report:

With reference to current report No 13/2018, the Management Board ofENERGA SA (the "Issuer") informs that on 4 April 2018 it was notifiedthat Elektrownia Ostrołęka Sp. z o.o. (the "Contracting Authority") hadresolved a public procurement award procedure titled "Construction ofElektrownia Ostrołęka C with a capacity of approximately 1,000 MW" (the"Procedure", "Contract") by selecting a Consortium composed of GE PowerSp. z o.o. and Alstom Power System S.A.S. as the General Contractorwhich offered to perform the Contract with the parameters specified inthe tender for a net amount of PLN 5,049,729,000.00, gross amount PLN6,023,034,950.00.

The resolution of the Procedure is not tantamount to:

- consenting to the conclusion of a contract agreement with the GeneralContractor - such consent requires, among other things, a prior consentof the Supervisory Board;

- consenting to the issue of a notice to proceed (NTP) - the NTPrequires, among other things, a prior consent of the Supervisory Boardof the Issuer and a prior consent in principle to commence theConstruction Stage granted by the General Meeting of the Issuer.

It is estimated that the investment outlays connected with theconclusion of the contract agreement between the Contracting Authorityand the General Contractor prior to the issue of the NTP will not exceedthe equivalent of 4% of the contracted price.

The Issuer will provide further information regarding the Contract inseparate current reports.