Photon Energy announces that its Chief Financial Officer Georg Hotar will participate in an online investor meeting organized by SII (the Polish Individual Investors Association - www.sii.org.pl) at 11.00 a.m. on Wednesday, 27 October 2010 in order to discuss the impact of the Czech government's intention to retroactively introduce taxation of photovoltaic power plants connected in 2009 and 2010.

Access details will be provided on Photon Energy's website www.photonenergy.as approximately 24 hours before the start of the online investor meeting.

Legal basis: § 3 ust.2 point 1 of the Appendix 3 to Resolution No. 733/2009 of the Warsaw Stock Exchange Management Board dated 18 December 2009 “Current and Periodical Information in the Alternative Trading System"