PKP Cargo : Adam Purwin has resigned from the function of President of PKP CARGO

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Warsaw, 14th December 2015

PRESS RELEASE

Adam Purwin has resigned from the function of President of PKP CARGO

On December 14th, Adam Purwin resigned as president of PKP Cargo with immediate effect. Adam Purwin was elected president of PKP Cargo in a contest on February 6th, 2014. Earlier - from February 2013 - he was a member of the Financial Management Board for PKP Cargo and was responsible for the preparation of the Company's stock market debut.

- For nearly three years we have been building the international position of PKP Cargo. The unprecedented success of the stock market debut, foreign expansion, effective restructuring and huge investments are the foundations for further development of the second largest carrier in the European Union. The adopted Cargo'20 strategy will enable to permanently change the logistic map of Europe for the benefit of employees, customers, shareholders and the position of the Polish logistics in the region - says Adam Purwin, the outgoing president of PKP CARGO.

Contact:

PKP CARGO Press Office

(+ 48) 663 290 777

[e-mail]

Mirosław Kuk

PKP CARGO S.A. Official Spokesperson ([phone]

[e-mail]

*** PKP Cargo Group is the leader of railway freight carriages in Poland and the second largest operator in the European Union. It was established in 2001. It offers its customers integrated logistics services, combining railway (the largest rolling stock in Poland), car and maritime transport. It performs independent freight carriages for several thousand customers in Poland, Czech Republic, Slovakia, Germany, Austria, Belgium, Netherlands, Hungary and Lithuania. In March 2015 the company signed a strategic cooperation agreement with HZ CARGO, Croatian railway carrier, and in May took over 80 percent of shares in the Advanced World Transport, the second largest railway cargo carrier in the Czech Republic.

PKP Cargo Group includes subsidiaries, responsible, among others, for intermodal carriages (Cargosped), domestic and international railway shipping (PS Trade Trans) and servicing and maintenance of rolling stock (PKP CARGOTABOR).

In 2014 PKP Cargo Group achieved the revenue of PLN 4.3 billion, carrying 111 million tons of cargo.

On 30 October 2013 PKP CARGO has debuted on the Warsaw Stock Exchange, becoming the first railway cargo carrier in the EU quoted on the stock exchange. The value of public offer, in which PKP S.A. sold almost 50 percent of shares in PKP Cargo, amounted to PLN 1.42 billion. The company currently is a part of mWIG40 index. Its primary shareholder is PKP S.A.

PKP Cargo Group conducts active operations within the scope of CSR. It utilises standards o responsible employee policy, performs a number of activities for environmental protection, is a patron of monuments of railway technology gathered, for instance, in Wolsztyn Engine House, a place unique on the European scale.

PKP CARGO S.A. Grójecka 17 Street, 02-021 Warsaw

KRS 0000027702, District Court for the capital city of Warsaw in Warsaw, 12th Commercial Department, REGON 277586360 NIP 954-23-81-960, The initial capital of the Company: PLN 2,239,345,850.00, paid in full. www.pkpcargo.com