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Current report No.: 29/2008

Title: Purchase of shares of a significant value by ENEA S.A.
Date: 2008.19.12
Report no.:  Current report No.: 29/2008

Current report No.: 29/2008

Date prepared: 19 December 2008

Short name of issuer: ENEA S.A.

Subject: Purchase of shares of a significant value by ENEA S.A.

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

Content of the report:

Acting pursuant to Clause 5 par. 1.1 of the Regulation of the Minister of Finance on current and periodic information published by issuers of securities of 19 October 2005 (the “Regulation"), the Management Board of ENEA S.A. (the “Issuer") announces that on 18 December 2008 the Issuer purchased 6,860 common registered shares of Przedsiębiorstwo Energetyki Cieplnej w Śremie S.A. (the “Company") with a par value of PLN 1 each, which is 41.65 per cent of the share capital and represents 41.65 per cent of the votes at the Shareholders Meeting of the Company. Prior to the transaction, the Issuer did not hold any shares in the Company. The State Treasury is the seller, represented by the Minister of the State Treasury (the “Seller"). The price for which the Issuer purchased the aforementioned shares was PLN 9,055,200. A connection exists between the Issuer and the Seller, owing to the fact that the State Treasury is a shareholder of the Issuer. The Issuer’s own funds are the source from which the share purchase is financed. The book value of the purchased shares in the Issuer’s books corresponds to the purchase price. The share purchase has the character of a long-term investment. The shares purchased constitute over 20 per cent of the share capital of Przedsiębiorstwo Energetyki Cieplnej w Śremie S.A. and therefore qualify as significant assets within the meaning of Clause 2 par. 5 of the Regulation.

The purchase of common registered shares of Przedsiębiorstwo Energetyki Cieplnej w Śremie S.A. constitutes the implementation of measures described in the issue prospectus that are intended to increase control over costs connected with carrying out obligations under legal provisions regulating obligations with respect to renewable energy sources and energy generated in cogeneration.

Having in mind the diverse and international nature of Enea SA's shareholding, and also the provisions of the Best Practices of WSE Listed Companies, Enea SA guarantees the availability of its website also in English. In case of any interpretation doubts and discrepancies between the Polish and English versions, the Polish version shall prevail.