The Management Board of KGHM Polska Miedź S.A. - in reference to current report no. 26/2014 dated 3 September 2014 concerning the signing of a Shareholders Agreement in the project for the preparation and building of a nuclear power plant, and current report no. 28/2014 dated 9 October 2014 concerning the approval of the President of the Office of Competition and Consumer Protection for concentration - announces that on 15 April 2015 KGHM Polska Miedź S.A., PGE Polska Grupa Energetyczna S.A. ("PGE"), TAURON Polska Energia S.A. and ENEA S.A. signed an agreement ("the Agreement") for the acquisition of shares in PGE EJ 1 sp. z o.o. - the special purpose company which is responsible for the preparation and execution of the investment to build and operate the first Polish nuclear power plant with a capacity of approx. 3.000 MWe ("the Project").

KGHM Polska Miedź S.A., TAURON Polska Energia S.A. and ENEA S.A. each acquired from PGE 10% of the shares in PGE EJ 1 sp. z o.o. (a total of 30% of the shares). KGHM Polska Miedź S.A. will pay the amount of PLN 16 million for the acquired shares.

According to the Shareholders Agreement dated 3 September 2014, the parties will jointly, proportionally to their interest, fund activities of the initial phase of the Project ("the Initial Phase"). The Initial Phase's objective is to determine such elements as potential partners, including the strategic partner, technology suppliers, EPC (Engineering, Procurement, Construction) contractors, nuclear fuel suppliers and acquiring funds for the Project, as well as preparing PGE EJ 1 sp. z o.o. organisationally and in terms of the skills required for its role as the nuclear power plant's future operator, responsible for its safe and efficient operation ("Integrated Proceedings").

The Parties to the Shareholders Agreement expect that subsequent decisions concerning the Project, including a decision on the further participation of each Party in the next stage of the Project, will be made after the end of the Initial Phase and directly before the conclusion of the Integrated Proceedings.

Legal basis: Art. 56 sec. 5 of the Act dated 29 July 2005 on public offerings and conditions governing the introduction of financial instruments to organised trading, and on public companies (unified text: Journal of Laws 2013.1382).