Enea S.A. — Major Shareholding Notification 2017

Jun 27, 2017

Current Report No.: 25/2017

Date of publication: 27.06.2017

Short name of issuer: Enea S.A.

Subject: Notification of a change in the total numer of shares in EneaS.A.

Legal basis: Article 70 item 1 of the Act on Offerings - acquisition ordisposal of a substantial block of shares

Content of report:

The Management Board of Enea S.A. ("Company") informs that on 26 June2017 the Company received the notice from Towarzystwo FunduszyInwestycyjnych PZU SA reading as follows:

"Towarzystwo Funduszy Inwestycyjnych PZU SA ("TFI PZU SA") seated inWarsaw, acting on behalf and for the account of the investment funds itmanages, i.e.:

1. PZU Fundusz Inwestycyjny Otwarty Parasolowy,

2. PZU Specjalistyczny Fundusz Inwestycyjny Otwarty GlobalnychInwestycji,

3. PZU Specjalistyczny Fundusz Inwestycyjny Otwarty Universum,

4. PZU Fundusz Inwestycyjny Zamknięty Akcji Focus,

5. PZU Fundusz Inwestycyjny Zamknięty Dynamiczny,

("TFI PZU Funds"), pursuant to Article 69 item 1(2) and Article 87 item1(2a) of the Act of 29 July 2005 on public offering and conditions ofintroducing financial instruments into an organised system of tradingand on public companies (J.L. of 2016, item 1639 as amended) (further on"Act on Offerings") hereby informs that as a result the settlement on 23June 2017 of the sale of 185,000 (say: one hundred eighty five thousand)shares in Enea S.A. ("Company"), performed on 21 June 2017 withinordinary transactions on the Warsaw Stock Exchange, the share of TFI PZUFunds in the total number of votes at the Company's general meetingdropped below the threshold of 10%, i.e.:

Number of shares held before the share change: 44,144,339

% share in the Company's share capital: 10.0000%

Number of votes from shares: 44,144,339

% share in the total number of votes: 10.0000%

Number of shares held after the share change: 43,959,339

% share in the Company's share capital: 9.9581%

Number of votes from shares: 43,959,339

% share in the total number of votes: 9.9581%

Additionally, TFI PZU SA informs that:

- TFI PZU Funds do not have subsidiaries holding the Company's shares;

- TFI PZU Funds do not hold financial instruments mentioned in Article69b of the Act on Offerings, related to the company's shares

- TFI PZU SA as a managing entity may, on behalf of TFI PZU Funds,exercise the voting right at the Company's general meeting."