The decision on a potential further increase ofthe salary adjustment index will be possible when the company generatespositive results after the first half of 2007. The salary growth shouldthen concern primarily the employee groups that are key from thePGNiG's perspective: i.e. professional and specialist staff with thenecessary certificates and expertise, e.g. geophysicists, geologists,drilling and welding specialists.  

Furthermore, the Management Board would like tonote that it is implementing a long-term investment programme aimed atthe improvement of the gas supply security through diversification ofthe gas sources. The completion of this programme is a priority forPGNiG and clearly involves major financial expenditures.

In line withits prudent financial policy, PGNiG, as a public company, closelycontrols the costs that are not related to the investment programme. The Mangement Board wishes to point out that in2006, the salaries in the PGNiG Group increased on average by 8 percent, while the salary adjustment index set out in the Ordinance of theCouncil of Ministers was 3.5 per cent. This means that the basis forthis year's adjustment is on average 4.5 per cent higher thanoriginally expected.