Purchase declaration for shares of Tauron Polska Energia S.A.

Report number
Current report no. 23/2010

The Management Board of KGHM Polska Miedź S.A. announces that on 11 June 2010 it signed a purchase declaration for up to 1 583 830 044 ordinary bearer shares of Tauron Polska Energia S.A. (“Tauron”), representing up to 11.32% of the total number of shares of Tauron at the date of the Prospectus of Tauron. The declaration has been submitted by KGHM Polska Miedź S.A. under the bookbuilding process for institutional investors being part of the public offering of Tauron shares. On 21 June 2010 the process of bookbuilding for institutional investors will be completed, followed by determination of the final number and price of shares to be sold to institutional investors.The intention to purchase the shares of Tauron is related to realisation of the Strategy of KGHM Polska Miedź S.A. for the years 2009-2018, which foresees diversification of revenue sources and entrance into the power sector. The generation of electricity is, from the point of view of KGHM Polska Miedź S.A., one of the most attractive sectors, unrelated to conditions on the metals market.Legal basis: art. 56 sec. 1 point 1 of the Act dated 29 July 2005 on public offerings and conditions governing the introduction of financial instruments to organised trading, and on public companies (Journal of Laws from 2005 No. 184, item 1539 with subsequent amendments)