Warsaw, January 20th 2012

Selected operating estimates of PGNiG SA for Q1-Q4 2011 and Q4 2011 alone

Current Report No. 12/2012
The Management Board of Polskie Górnictwo Naftowe i Gazownictwo SA ("PGNiG")
hereby publishes estimates of PGNiG's selected operating data for the twelve months of 2011 and the fourth quarter of 2011:

Q1-Q4 2011

Q4 2011

NATURAL GAS*

Production volume

4.3 bn m3

1.1 bn m3

Imports volume

10.9 bn m3

2.9 bn m3

Sales volume

14.4 bn m3

4.2 bn m3

CRUDE OIL**

Production volume

468 ths. tonnes

123 ths. tonnes

Sales volume

467 ths. tonnes

124 ths. tonnes

* measured as high-methane gas equivalent

** the data includes crude oil and condensate

Furthermore, PGNiG informs that as at December 31st 2011 the high-methane gas underground storage facilities (i.e. Brze