Warsaw, April 16th 2014

Selected operating estimates for 1Q 2014

Current Report No. 53/2014
The Management Board of Polskie Górnictwo Naftowe i Gazownictwo SA ("PGNiG")
hereby publishes estimates of selected operating data for the first quarter 2014, i.e.:

1Q

1Q

2013

2014

NATURAL GAS* (billion cubic meters)

Production volume

1.2

1.2

- including PGNiG Upstream International

0.05

0.11

Imports volume

3.5

2.5

- including imports from countries east of Poland

2.8

2.0

Sales volume outside PGNiG Group

5.6

4.9

- including PGNiG Sales & Trading

0.45

0.46

DISTRIBUTION

Gas distribution volume (Polska Spółka Gazownictwa)

3.9

3.2

CRUDE OIL** (thousand tonnes)

Production volume

229

322

- including PGNiG Upstream International

25

119

Sales volume

207

287

- including PGNiG Upstream International

12

86

HEAT AND ELECTRICITY***

Heat sales volume

18.5 PJ

15.4 PJ

Electricity sales volume

1.53 TWh

1.39 TWh

* measured as high-methane gas equivalent, data of PGNiG Group

** combined data for crude oil and condensate / natural gas liquids, data of PGNiG Group

*** data of PGNiG Termika SA


Furthermore, PGNiG informs that as at March 31st 2014 its stocks of gas (including mandatory stocks managed by the Minister of Economy) stored in underground high- methane gas storage facilities (i.e. Brzeźnica, Husów, Strachocina, Swarzów and Wierzchowice; as well as cavern facilities Mogilno and Kosakowo) was approx. 1.26 billion cubic meters. This volume of gas stocks does not include the volume managed by Operator Systemu Przesyłowego GAZ-SYSTEM SA.
The above data are estimates and may differ from the actual data, due to be disclosed on
May 9th 2014 with the publication of the interim report.

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