Current Report No.: 44/2015

Title: Subscribing for the sale of at least 21,962,189 shares within the tender offer for LW "Bogdanka" S.A.'s shares
Date: 2015.16.10
Report no.:  Current Report No.: 44/2015

Current Report No.: 44/2015

Date of preparation: 16.10.2015

Short name of issuer: Enea S.A.

Subject: Subscribing for the sale of at least 21,962,189 shares within the tender offer for LW "Bogdanka" S.A.'s shares

Legal basis: Article 56 item 1(1) of the Act on Offerings - confidential information

Content of report:

The Management Board of Enea S.A. ("Issuer") informs that on 16 October 2015 the Issuer received the information that within the tender offer announced by the Issuer on 14 September 2015 for the sale of LW "Bogdanka" S.A.'s shares ("LWB") ("Tender Offer"), until 15 October 2015 subscriptions were submitted in the number exceeding 21,962,189 shares of LWB. The indicated number of shares authorises to exercise 64.57% of the total number of votes at a general meeting of LWB, which means that pursuant to par. 6 and 25 of the Tender Offer the condition of subscribing for a minimum number of LWB' shares was satisfied.

The situation described above means also that pursuant to par. 29 of the Tender Offer, subject to the satisfaction of the legal condition of the Tender Offer mentioned in par. 24 of the Tender Offer (unconditional permit of the President of the Office of Competition and Consumer Protection for the concentration), the Issuer will be obliged to acquire the shares under subscriptions filed until 15 October 2015, subject to proportionate reduction.

At the same time, the Issuer will not be obliged to acquire the shares of people who subscribed for the sale of shares in the Tender Offer after 15 October 2015.

The information on the announcement of the Tender Offer was published by the Issuer in the current report No. 34/2015.

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.