Dear Sirs,

We would like to inform you  that on the day of June the 9th the Polish Financial Supervision Authority approved amendments to the POLPX Regulations. The reason for introduction of amendments into the Polish Power Exchange Joint Stock Company Regulations is the fact that the financial instrument trading act as well as some other acts have come into force as well as the clearings of exchange transactions have been turned over to the Warsaw Commodity Clearing House (IRGIT). The act amending the financial instruments trading act first of all has caused changes of the exchange commodity definition, what has resulted in fact that trading in instruments of futures type must not be carried out on the commodity exchange.

Moreover some new regulations have been introduced into the POLPX Regulations. Those changes allow deleting of transactions, while within the scope of the Exchange membership two-stage process has been introduced: at first given entity becomes the Member of POLPX and IRGIT and after obtaining the IRGIT membership it is admitted to act on given market. Only after admitting to activities on given market the entity is entitled ro submit orders.

The document title has been also changed; the previous title was: The Regulations of Polish Power Exchange Joint Stock Company, while the present title is: The Regulations of Trading on the Exchange Commodity Market of Polish Power Exchange
In connection of the changes in the Regulations the following documents have been also amended:

1. Trading Rules for Year Electricity Forward Instruments' Program.
2. Trading Rules for Quarter Electricity Forward Instruments' Program.
3. Trading Rules for Month Electricity Forward Instruments' Program
4. Trading Rules for Week Electricity Forward Instruments' Program
5. Trading Rules for Week Electricity Forward Instruments' Program from 7 a.m. to 10 p.m. on Working Days.
6. Trading Rules for Month Electricity Forward Instruments' Program from 7 a.m. to 10 p.m. on Working Days.
7. Trading Rules for Quarter Electricity Forward Instruments' Program from 7 a.m. to 10 p.m. on Working Days.
8. Trading Rules for Year Electricity Forward Instruments' Program from 7 a.m. to 10 p.m. on Working Days.
9. Day-Ahead Market Detailed Rules of Electricity Trading and Settlement.
10. Emission Allowance Market Detailed Rules of Electricity Trading and Settlement.
11. Intraday Market Detailed Rules of Electricity Trading and Settlement.
12. Detailed rules of trading and settlement for CHP property rights to certificates of origin for electricity coming from high efficient combined heat and power units,  which will replace the so-far Trading Rules for Property Rights to Certificates of Origin for electricity coming from high efficient Combined Heat and Power Units
13. Detailed rules of trading and settlement for RES property rights to certificates of origin for electricity coming from Renewable Energy Sources,  which will replace the so-far Trading Rules for Property Rights to Certificates of Origin for electricity coming from Renewable Energy Sources.

The amended documents come into force from the day of June the 21st  and they have been presented on the POLPX Website www.polpx.pl (http://www.tge.pl/en/16/general-documents)