Fulfilling the last condition precedent regarding transfer of ownership of PKW shares

?In reference to current reports No. 51/2013 and 59/2013 concerning the purchase of shares in Po?udniowy Koncern W?glowy S.A. ("PKW"), the Management Board of TAURON Polska Energia S.A. informs that on 16 January 2014 they were notified that the General Meeting of Kompania Weglowa S.A. ("Kompania") agreed to sell the PKW shares.

Thus, the last condition required to transfer ownership of PKW shares to the Company has been fulfilled. In accordance with the information disclosed in current report No. 51/2013, once payment of the remaining amount, i.e. PLN 77.5 million to Kompania W?glowa is completed, the ownership of PKW shares belonging to Kompania will be transferred to the Company.

After relevant entry is made in the PKW Shares' Book, the Company will be entitled to all the votes at the General Meeting of PKW.

Article 56 section 5 of the Act on public offering - update of information
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