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Fitch Ratings affirmed Enea’s ratings

Fitch Ratings affirmed the "BBB" long-term ratings for the Company in foreign and local currency and the long-term national rating at "A (pol)". The outlook of the ratings is stable.

As justified by the Agency, the affirmation reflects the expectation that Enea’s credit metrics will remain within guidance for the rating, despite the Company's acquisition of a 64.57% stake in coal mining company LW Bogdanka for PLN 1.48 bn, and lower expected WACC in electricity distribution from 2016 negatively affecting Enea's profitability.

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.