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Energa S.A.

Regulatory Filings May 11, 2017

5598_rns_2017-05-11_c68fd52e-357f-48d3-890c-3a912f61489b.html

Regulatory Filings

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Current Report No. 21/2017

Date of preparation: 11 May 2017

Subject: Withdrawal from the process of acquiring EDF's assets in Poland

Legal Basis: Article 17, Section 1 of the Market Abuse Regulation -confidential information

In reference to the current report no. 8/2017 of 27 January 2017, theManagement Board of ENERGA SA ("Company") hereby reports that on 11 May2017 it adopted a resolution on the Company's withdrawal from theprocess of acquiring assets owned by EDF International SAS and EDFInvestment II B.V. in Poland.

The in-depth analyses conducted in recent weeks have supported adecision to focus ENERGA Group's investments and acquisitions onprojects that would offer more synergies with its current asset base andarea of competence; ones that would allow the ENERGA Group to strengthenits balance sheet and improve its asset management efficiency. Suchinvestments will be given priority.

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