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Analysts of IPOPEMA increased recommendation to "Buy" for ENEA S.A.'s shares

In the report of 30 August 2011 the analysts of IPOPEMA increased the recommendation for the Company’s shares from "Sell" to "Buy", lowering at the same time the target price to PLN 20 from PLN 22.

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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.