Current report No.: 3/2008

Current report No.: 3/2008

Date prepared: 12 November 2008

Short name of issuer: ENEA S.A.

Subject: Completion of a division of series C shares

Legal basis: Article 56 par. 1 pt. 2 of the Act on offerings – current and periodic information

Content of the report:

The Management Board of ENEA S.A. (the Issuer) announces that on 10 and 12 November 2008, it adopted a resolution on a division of series C shares. In a public offering, 103,816,150 (one hundred million eight hundred sixteen thousand one hundred and fifty) common bearer shares of series C were subscribed to and duly paid for, by which the issue was brought to conclusion.

The issuer announces that within particular tranches, the shares were divided in the following amounts:

1. Retail Investors Tranche: 3,460,536 (three million four hundred sixty thousand five hundred thirty-six) series C shares; because there were subscriptions for more shares than were offered in the Retail Investors Tranche, investors’ subscriptions were reduced; the average rate of reduction was 20.36 per cent;

2. Trade Investors Tranche: 82,395,573 (eighty-two million three hundred ninety-five thousand five hundred seventy-three) series C shares; all the shares in the Trade Investors Tranche were distributed to a single investor, the company Vattenfall AB with its registered office in Stockhol, Sweden;

3. Institutional Investors Tranche: 17,960,039 (seventeen million nine hundred sixty thousand thirty-nine) series C shares, of which: Domestic Institutional Investors Tranche: 6,364,577 (six million three hundred sixty-four thousand five hundred seventy-seven) series C shares, and Foreign Institutional Investors Tranche: 11,595,462 (eleven million five hundred ninety-five thousand four hundred sixty-two) series C shares.

Price of the series C shares:

1. Retail Investors Tranche: PLN 15.40 per share

2. Trade Investors Tranche: PLN 20.14 per share

3. Institutional Investors Tranche: PLN 15.40 per share

A full report as referred to in Clause 33 par. 1 of the Regulation of the Minister of Finance on current and periodic information published by issuers of shares of 10 October 2005 will be released within two weeks of the closing of the subscription.