52. Signing the letter of intent on the preliminary interest in financial involvement in Katowicki Holding Weglowy S.A.

In relation to the process of acquiring capital investors by Katowicki Holding Węglowy S.A., in July 2016 Enea S.A. started talks with possible investors on the possibility of implementation of the Investment and its possible parameters.

On 28 October 2016 the Company and Węglokoks S.A. and Towarzystwo Finansowe Silesia Sp. z o.o. (Investors) signed a Letter of Intent expressing the preliminary interest in the financial participation in Katowicki Holding Węglowy S.A. seated in Katowice or in KHW's assets.

Investors' participation in KHW depends on the satisfaction of numerous conditions related to e.g. presentation of an acceptable business plan and financial model and obtaining the required corporate consents.

The Investors' final decisions as regards the participation in KHW will be made e.g. after the analysis of the due-diligence performed and after the determination of the final shape of all the other arrangements.