"Taking into consideration the current conditions, which at this stage have appeared to be unacceptable for PGE, and also the PGE Group's other key projects, we have decided to suspend our participation in the project before assuming any formal obligations", said Tomasz Zadroga, Management Board President of PGE Polska Grupa Energetyczna SA.
Furthermore, PGE Polska Grupa Energetyczna announces that at present it is not conducting any business talks with the Russian company Inter Rao concerning the possibility of purchasing electricity from Kaliningrad.

Łukasz Witkowski
External Communication Manager
PGE Polska Grupa Energetyczna SA                

PGE CG
The PGE Capital Group is the largest power company in Poland and one of the largest such companies in Central and Eastern Europe. Because of its size and position, it is a very important link in Poland's energy security system. PGE CG is the undisputed leader with respect to the installed capacities, volume of generated electricity and the number of end users. The PGE Capital Group has a 40% share in Poland's power generation market and a 26% share in the electricity distribution market. PGE CG's activities are divided into five segments: Conventional Power Generation, Renewable Power Generation, Nuclear Power Generation, Distribution Retail Sales and Wholesale Trade. The Group employs over 46,000 people and boasts 13.1 GW of installed generation capacities. In 2010 the PGE Capital Group's net electricity production reached a net level of  53 TWh. PGE's largest competitive advantage is its presence in almost all links of the value chain in the power generation industry (with the exception of electricity transmission, which is the domain of PSE Operator S.A.). One of the most important rules of the PGE Capital Group is sustainable development.