10.09.2015 14:35

In reference to current report No. 19/2015 dated 4 August 2015 on defining the conditions for purchase of some assets of the Brzeszcze mine ("Assets") by TAURON Polska Energia S.A. ("Issuer") and in reference to tender for sale of the Assets announced by Spółka Restrukturyzacji Kopalń S.A. (Mine Restructuring Company "SRK") and agreement signed with Małopolska Agencja Rozwoju Regionalnego S.A. ("MARR") and Zespół Elektrowni Wodnych Niedzica S.A. ("ZEW Niedzica") on defining the basic terms and conditions of joint investment that were indicated in the abovementioned report, the Issuer's Management Board informs that on 10 September 2015 an offer was submitted for purchase of the Assets in the tender announced by SRK.

The offer for purchase of Assets referred to in report No. 19/2015 was submitted by a special purpose vehicle RSG sp. z o.o. ("RSG") whose sole partner is, at the moment, the Issuer. According to the signed agreement the Issuer, MARR and ZEW Niedzica agreed to take over shares in RSG so that the shareholding structure in RSG is as follows: Issuer - 40%, ZEW Niedzica - 40% and MARR - 20%. The share capital of RSG will be up to PLN 150 million.

Article 56 section 5 of the Act on Public Offering - update of information

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