Pursuant to article 56(1.1) of the Law of 29 July 2005 on public offering and the conditions for introducing financial instruments to the organised trading system and on public companies (Journal of Laws of 2005, No. 184, item 1539, as amended) the Management Board of Orange Polska S.A. ('Orange Polska', 'Company') informs about announcement of 800MHz and 2600MHz spectrum auction results published by the Office of Electronic Communication ('UKE').

Orange Polska wins auction for highly valuable LTE spectrum,
an important step to data driven value creation

October 19, 2015: UKE announced that Orange Polska submitted winning offers for two 5MHz blocks in 800MHz band and three 5MHz blocks in 2600MHz band.

The total price offered in the auction for the above blocks is PLN 3 168 million. The payment will be due after Orange Polska applies for reservation to UKE and UKE issues reservation decisions.

Orange Polska intends to apply for reservations and receive two 5MHz blocks in 800MHz band and three 5MHz blocks in 2600MHz band. Orange Polska's assessment is that the payment will be made either before the end of 2015 or in the beginning of 2016. The spectrum reservations will be valid for 15 years with a possibility of extension.

Purchase of the spectrum in 800MHz and 2600MHz bands constitutes realisation of Orange Polska strategy to improve its spectrum possession and expand connectivity in mobile services.

Commenting on the auction results announcement Bruno Duthoit, the CEO of Orange Polska, said: 'We are pleased that we managed to win two blocks of 800MHz which are strategically important to our long term market position. They will enable expansion of our LTE coverage to less densely populated areas in Poland where we will be able to deliver mobile broadband service with a speed of up to 75Mb/s with an option for even much faster speed in the future. We will be able to address robustly growing demand for mobile data, a trend that we expect to accelerate in the future. Auction outcome will significantly improve our market position in Poland. We now count on smooth completion of the reservation procedures as we would like as soon as possible to start working on the network roll-out and service launch for our customers'.

The payment for new spectrum will be financed out of existing and new borrowing facilities from Orange S.A.

New LTE spectrum, in combination with the fibre network rollout initiated this year, gives Orange Polska new opportunities to invest in the most advanced connectivity technologies that are focused on data, which are key for the future growth of the value of the Company. Management is now analysing consequences of investing into these initiatives to the financial capacity of the Company. More information in this regard will be communicated on 21 October 2015 together with announcement of financial results for the third quarter of 2015.

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