01.10.2010 Corporate presentation - TAURON Polska Energia

TWhSupply—overviewKey highlights• TAURON is one of the leading electricity suppliers to end customers inPoland– 30.4 TWh of electricity sold to more than 4m end customers, includinghouseholds and businesses in 2009• TAURON is currently in the process of further integrating its supplybusinesses of Enion Energia and EnergiaPro Gigawat, and establishing abusiness advisors channel and customer service centre• TAURON intends to expand its electricity and heat supply operations inother regions of Poland outside the area of current coverage• TAURON also intends to actively manage its supply margins and developa portfolio of electricity products, as well as to strengthen TAURONGroup’s brand in order to retain and win new customersKey data—supply & trading 1PLNm 2007 2008 2009Revenues 6,863 9,947 11,522EBITDA 2 19 93 306Segment assets 1,094 1,783 1,958Capex 3 3 10 15No. of employees 4 211 367 1,399Notes:1 As per 2009 IFRS statements, these financials are for the segment of Sale of Energy andOther Energy Market Products, which includes wholesale trading in electricity, trading inemission allowances and energy certificates and sale of electricity to domestic end usersor entities which further resell electricity2 Defined as operating profit / (loss) plus depreciation, amortization and impairment of nonfinancialassets3 Capex is the sales segment does not include purchase of green certificates and CHPcertificates presented as intangibles4 Annual average5 Retail electricity prices (for industry and households clients) for the second half of 20076 Retail electricity prices (for industry and households clients) for the first half of 20097 Eurostat8 Average price for the 3rd quarter 2007Historical supply volumes to end-customers40302010033.934.7Increasing competition30.4• The power market in Poland has been liberalized and customers canfreely choose their power supplier• The competition level in power supply in Poland has increased recently8.4– Market participants focusing on particular niche markets haveemerged, including foreign players– Supply margins in the segments of medium-size businesscustomers, institutional and corporate customers (i.e. high andmedium voltage) are expected to decrease over timeElectricity prices in Poland and neighboringcountries8.62007 2008 2009 1Q 2009 1Q 2010EUR/MWh 2007 5 2008 2009 6wholesale 30.9 58.2 39.85Polandretail 7 industry 90.5 89.6 90.2households 138.0 127.7 113.1wholesale 38.1 65.8 38.9Germanyretail 7 industry 101.3 106.6 113.2households 210.5 217.2 228.2wholesale 63.6 8 68.5 39.2CzechRepublic retail 7 industry 94.6 111.4 106.9households 106.3 128.7 132.340