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PGNiG Notes Placed with the Group Subsidiaries

January 22, 2014

ENP Newswire - 22 January 2014 Release date- 21012014 - The Management Board of Polskie Gornictwo Naftowe i Gazownictwo SA reports on the acquisition of PGNiG debt securities by the Group subsidiaries. On January 20th 2014, PGNiG issued notes (the 'Notes') under the Short-Term Note Issue Programme dated December 1st 2010 (the 'Programme'). The aggregate par value of the Notes is PLN 10,000,000.00 ( ten million zloty ), including: 100 Notes with the total value of PLN 10,000,000.00 ( ten million zloty ), maturing on February 21st 2014 and yielding 2.76% per annum, which have been acquired by Polska Spolka Gazowictwa Sp. z o.o. Branch in Wroclaw, in which PGNiG holds a 100% stake and has the right to 100% of the total vote at the General Meeting. The par value of one Note is PLN 100,000.00 (one hundred thousand zloty). All the Notes are denominated in the Polish zloty and have been offered in a private placement exclusively in the territory of Poland . The Notes are unsecured discount bearer notes in book-entry form, and will be redeemed at par value. PGNiG has no plans to introduce the Notes to public trading. The Programme is a tool designed to effectively manage short-term liquidity within the PGNiG Group . Following the Note issue discussed above, the total par value of notes issued under the Programme and outstanding as at January 20th 2014 is PLN 497,000,000.00 ( four hundred ninety seven million zloty ). Investor Contact: Aleksandra Dobosiewicz Tel: +48 22 589 46 71 Email: aleksandra.dobosiewicz@pgnig.pl Adam Kucza Tel: +48 22 691 82 56 Email: adam.kucza@pgnig.pl


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Source: ENP Newswire


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