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PGE Polska Grupa Energetyczna S.A.

Earnings Release • Nov 18, 2016

5758_rns_2016-11-18_b4f90651-2ea0-4a38-99ec-427b6febecdc.html

Earnings Release

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Operating and sales data for the period of January-October 2016.TheManagement Board of PGE Polska Grupa Energetyczna S.A. ("PGE") herebydiscloses preliminary operating and sales data for January-October 2016(cumulative).

Net generation of electricity in PGE Group amounted to 43.7 TWh (vs.46.4 TWh in January-October 2015, including net generation from ligniteof 30.4 TWh (vs. 32.8 TWh in January-October 2015).

Volume of retail sales to final off-takers amounted to 35.7 TWh (vs.32.4 TWh in January-October 2015).

Volume of electricity distribution amounted to 28.4 TWh (vs. 27.7 TWh inJanuary-October 2015).

Disclaimer: the above figures are estimated and were not audited.