PGNiG: Recommendation of the PGNiG Management Board concerning distribution of the 2012 net profit – Supervisory Board opinion

The Management Board of Polskie Górnictwo Naftowe i Gazownictwo SA ("PGNiG", the "Company") hereby reports that on April 24th 2013 Supervisory Board of PGNiG issued a negative opinion of the Management Board’s decision, published in the current report no. 40/2013, regarding the recommendation to General Meeting of PGNiG to allocate the 2012 net profit of PLN 1,918,481,599.73 to the Company's statutory reserve funds, and regarding the allocation of the retained earnings of PLN 625,926,472.51 to the Company's statutory reserve funds.See also: Current report no. 40/2013