Current Report No: 14/2012

Title: Maintaining of the rating for ENEA S.A. by Fitch Ratings
Date: 2012.05.04
Report no.:  Current Report No: 14/2012

Current Report No: 14/2012

Date of preparation: 05.04.2012

Short name of issuer: ENEA S.A.

Subject: Maintaining of the rating for ENEA S.A. by Fitch Ratings

Legal basis: Article 56 item 1(2) of the Act on Offerings - current and periodic information

Content of report:

In relation to the current report No 15/2011 dated 14 April 2011 concerning awarding ENEA S.A. (Company) by Fitch Rating (Agency) with "BBB" rating with stable perspective. The Company's Board informs that on 5 April 2012 in the published announcement the Agency confirmed the long-term rating opinion given to the Company at the present level of BBB (on international scale) and A (on domestic scale). The perspective of the ratings is stable.

As justified by the Agency, the confirmation of the ratings results from stable operating results and good financial results in 2011 of both ENEA S.A. and ENEA Group together with keeping of the leading position on the domestic market of electricity distribution and sales, as well as an important position in the segment of generation.

Ratings definitions of the Agency and principles of their application, criteria and methods used, limitations and exclusions of responsibility and documents concerning policies and procedures used are available from the following Agency's website www.fitchratings.com.

Full content of the announcement of the Agency is attached by the Company to this current report.

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.