PGNiG: Closing of the book-building process for the issue of PGNiG Series PGNG170619PZ notes under the PLN 4,500,000,000 Notes Issuance Programme

The Management Board of Polskie Górnictwo Naftowe i Gazownictwo SA (“PGNiG”) hereby reports that the book-building process for the first issue of PGNiG Series PGNG170619PZ notes (“the Issue”) under the PLN 4,500,000,000 Notes Issuance Programme (“the Programme”), which was reported in Current Report No. 82/2012 of May 22nd 2012, was completed on June 13th 2012.After the relevant documents are executed, PGNiG will issue notes on the following terms:
1. Issue amount and currency: PLN 2,500,000,000.00 (two billion five hundred million zloty)
2. Face Value of one note: PLN 10,000.00
3. Issue price of one note: Face Value
4. Maturity: 5 years
5. Interest periods: 6 months
6. Floating rate
7. Coupon rate: Wibor 6 months + 1.25%