The Meeting agenda includes the following:

1. Opening the General Shareholders’ Meeting;


2. Appointment of the General Shareholders’ Meeting Chairman;


3. Confirmation of correctness of summons of the General Shareholders’ Meeting and ability to pass valid resolutions;


4. Approving the agenda;


5. Appointment of the Returning Committee;


6. Passing the resolution on approving the Management Board report from activities ofPKE S.A. Capital Group in the financial year 2004 and consolidated financial statement as on31.12.2004;


7. Passing the resolution on approval to sell the perpetual usufruct right to land and220 kV switching station buildings situated in Łagisza Power Plant;


8. 
   
   Passing the resolution on approval to sell the perpetual usufruct right to land and 220 kV switching station building situated in Blachownia Power Plant;


9. Passing the resolution on approval  to dispose free-of-charge of the perpetual usufruct right to lands covered by national roads, which are owned by PKE S.A. – Siersza Power Plant;


10. Passing the resolution on approval to conclude the transaction consisting of selling by PKE S.A  the Company property constituents to the target company(SPV),and then their leasing with the reservation of PKE S.A. right to their repurchase after the lease agreement terminates;


11. Closing the Extraordinary General Shareholders’ Meeting.

The PKE S.A. Management Board informs that pursuant to art. 406 § 1 and § 2 of the Code of Commercial Companies, the following shareholders have the right to participate in the Extraordinary General Shareholders’ Meeting:

- beneficial holders of registered shares and those pledgees and usufructuaries who are entitled to vote, provided that they have been entered in the register of shares no later than one week before the Extraordinary General Shareholders’ Meeting is held,

- holders of bearer shares, provided that they deposit the shares with the Company seat no later than one week before the date of the Extraordinary General Shareholders’ Meeting . Certificates attesting that shares have been deposited with a notary or Central Brokerage House PEKAO S.A. ul. Wołoska 18, 02-675 Warszawa, may be deposited in lieu of the shares.

Pursuant to art. 407 § 1 of the Code of Commercial Companies a list of shareholders entitled to participate in the Extraordinary General Shareholders’ Meeting, as well as documents related to the agenda, shall be laid out for three working days before the Extraordinary General Shareholders’ Meeting is held in the Company Management Board seat in Katowice, ul. Lwowska 23, room 511 (between 9.00 a.m. and 1.00 p.m.)

The shareholders may participate in the Extraordinary General Shareholders’ Meeting and vote in person or by proxies. Power of attorney must be granted in writing, otherwise it shall be deemed null and void, and appropriate stamp duty has to be paid.

Shareholders entitled to participate in the Extraordinary General Shareholders’ Meeting shall register and collect voting cards on the Extraordinary General Shareholders’ Meeting day in the sessions chamber between 10.00 a.m. and 11.00 a.m. (beer)