PGNiG SA Extraordinary General Meeting of PGNiG SA

Warsaw, June 6th 2014

Extraordinary General Meeting of PGNiG SA convened for July 3rd 2014

Current Report No. 77 /2014

Acting pursuant to Art. 399.1 of theCommercial Companies Code and Article 47.1.1 of the Company's Articles of Association, the Management Board of Polskie Górnictwo Naftowe i Gazownictwo Spółka Akcyjna of Warsaw convenes an Extraordinary General Meeting of PGNiG SA, under Art. 40211 of the Commercial Companies Code, to be held on July 3rd 2014, at 12 noon, at the registered office of Polskie Górnictwo Naftowe i Gazownictwo SA, in Warsaw, at ul. Marcina Kasprzaka 25, with the following agenda:

1. Opening of the Meeting

2. Appointment of the Chairperson of theMeeting

3. Preparation of the attendance list

4. Confirmation that the Meeting has beenduly convened and has the capacity to adopt resolutions

5. Approval of the agenda

6. Adoption of a resolution concerning theuse of the capital reserve designated as 'Central Restructuring Fund' for one-off redundancy payments to former employees of BUD-GAZ Przedsiębiorstwo Produkcyjno-Usługowo-Handlowe Sp. z o.o. w likwidacji (in liquidation) of Warsaw,

7. Closing of the Meeting.

A shareholder or shareholders representingat least one-twentieth of the share capital may request that certain matters be placed on the agenda of the General Meeting. Any such request should be sent to the Company in the Polish language, in writing, or in electronic form to the following e-mail address: wz@pgnig.pl. The request should contain grounds or a draft resolution concerning the proposed agenda item and should be submitted to the Company's Management Board not later than 21 days before the scheduled date of the General Meeting. The shareholder or shareholders should prove their entitlement to exercise this right by presenting relevant documents in written form.

A shareholder or shareholders representingat least 1/20 of the Company's share capital may, before a General Meeting, submit to the Company in writing, or in the electronic form to the e-mail address wz@pgnig.pl., draft resolutions concerning items which have been or are to be entered on the agenda of the Company's General Meeting. Any such draft resolutions should be in the Polish language, in the form of a Word file. The shareholders should prove their entitlement to exercise this right by presenting relevant documents in written form.

During the General Meeting, eachshareholder may submit draft resolutions with respect to items placed on the agenda. Such draft resolutions should be in the Polish language.

Shareholders may participate in the GeneralMeeting in person or by proxy. Pursuant to Art. 4121.2 of the Commercial Companies Code, a power of proxy to participate in the General Meeting of a public company and to exercise voting rights should be granted in writing or in electronic form. The power of proxy should be in the Polish language and may be sent to the Company prior to the General Meeting in electronic form, as a PDF file, to the e-mail address: wz@pgnig.pl.

Given that the Company does not provide forthe possibility of participating in the General Meeting by electronic means (including taking the floor at the General Meeting using means of electronic communication) or exercising voting rights by postal ballot or by electronic means, no ballot forms for voting through a proxy will be published.

Representatives of legal persons shouldhave on them the original or a copy (certified by a notary public) of an excerpt from the relevant register (issued within the last three months), and if their right to represent the legal person does not follow from the relevant register entry - they should have on them a written power of proxy (the original or a copy certified by a notary public) along with the original or a copy (certified by a notary public) of the excerpt from the relevant register which must be valid as at the date of granting the power of proxy.

While at the General Meeting, allshareholders and proxies should carry a valid identity document.

The record date for participation in theGeneral Meeting is June 17th 2014.

The General Meeting may be attended only bypersons who are Company shareholders on the record date, i.e. 16 days prior to the General Meeting.

At the request of a person entitled toparticipate in the General Meeting as a holder of rights under book-entry bearer shares, submitted not earlier than after the General Meeting is announced and not later than on the first business day following the record date for participation in the General Meeting, the entity maintaining a relevant securities account will issue a certificate to such holder's name confirming the holder's right to participate in the General Meeting. With respect to shares registered in an omnibus account, a certificate confirming the holder's right to participate in the General Meeting may be prepared in Polish or English, and issued by the omnibus account holder. It is recommended that shareholders collect their certificates and bring them along to the General Meeting.

The list of persons entitled to participatein the General Meeting as holders of rights under bearer shares is determined by the Company based on a list prepared by Krajowy Depozyt Papierów Wartościowych S.A. (Polish National Depository for Securities), in accordance with the provisions of the Act on Trading in Financial Instruments.

Persons entitled to participate in theGeneral Meeting may obtain the full text of documents to be submitted to the General Meeting, along with draft resolutions and comments of the Management and Supervisory Boards, from the Company's registered office.

Also, persons entitled to participate inthe General Meeting may obtain copies of proposals concerning all matters placed on the agenda a week before the General Meeting, i.e. starting from June 25th 2014, from the Company's registered office in Warsaw, ul. Marcina Kasprzaka 25, the SCADA building, 2nd floor, room 216 (Governing Bodies Services Division), from 8am to 3pm.

In accordance with Art. 407.1 of theCommercial Companies Code, the list of shareholders entitled to participate in the General Meeting will be available for inspection at the Company's registered office in Warsaw, ul. Marcina Kasprzaka 25, the SCADA building, for three weekdays prior to the date of the General Meeting, i.e. starting from June 30th 2014.

Information concerning the General Meetingwill be available on the Company's website at: www.pgnig.pl in the section General Meeting - information for shareholders.

To ensure that the General Meeting of PGNiGS.A. proceeds smoothly, the Management Board is requesting all participants to arrive at the meeting about 30 minutes before the scheduled time of its commencement.

More information on page: biznes.pap.pl

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