2016.02.10 Current Report No. 8/2016

Warsaw, February 10th 2016
Appointment of a qualified auditor of PGNiG's financial statements and consolidated financial statements
Current Report No. 8/2016
The Management Board of Polskie Górnictwo Naftowe i Gazownictwo SA ('PGNiG', the 'Company') hereby announces that on February 10th, 2016 the Company's Supervisory Board appointed Deloitte Polska Sp. z o.o. sp.k., with its registered office at ul. Al. Jana Pawła II 19, 00-854Warsaw, Poland, as the auditor of the Company's financial statements and consolidated financial statements for the financial years 2016, 2017 and 2018.
Deloitte Polska Sp. z o.o. sp.k. is entered in the list of qualified auditors maintained by the National Chamber of Statutory Auditors under Reg. No. 73. The Company used the services of that firm (previously named Deloitte Audyt Sp. z o.o.) to audit PGNiG's separate and consolidated financial statements during 2003-2012.
The Management Board of PGNiG further reports that the appointment of Deloitte Polska Sp. z o.o. sp.k. was based on Art. 66.4 the Polish Accountancy Act of September 29th 1994 (Dz.U. of 2013, item 330, as amended), in conjunction with Art. 134.1 of the Public Procurement Law of January 29th 2004 (Dz. U. of 2015, item 2164) and made through a limited tender. The contract notice was submitted to the Publications Office of the European Union on October 13th 2015 and published in the Official Journal of the European Union under No. 2015/S 202-367635. The resolution to appoint the auditor was passed in compliance with applicable laws, the Company's internal regulations and professional standards.
The Management Board announces that the contract with Deloitte Polska Sp. z o.o. sp.k. will be concluded on the terms and within the time frames set forth in the Public Procurement Law. The contract will provide for reviews and audits of the Company's financial statements and consolidated financial statements, from a review of the statements for the first half of 2016 to an audit of the statements for the full year ending on December 31st 2018. If any of the bidders files an appeal with the Company within the time limit prescribed by law, PGNiG will release a relevant report.

PGNiG - Polish Oil & Gas Company issued this content on 10 February 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 10 February 2016 12:22:29 UTC

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