Polski Koncern Naftowy ORLEN S.A. ("PKN ORLEN") informs that on 17 January 2014 it signed an agreement with OW Supply & Trading A/S, company belonging to the Wrist group. The agreement was signed for the sales by PKN ORLEN of heavy heating oil to OW Supply & Trading A/S for the period between 1 January 2014 and 31 December 2015. The total estimated net value of the agreement amounts to approximately USD 906 million (i.e. approximately PLN 2 771 million, based on the average PLN/USD exchange rate as of 17 January 2014, as stated by the National Bank of Poland).

The total estimated value of agreements signed between PKN ORLEN and PKN ORLEN subsidiaries (“ORLEN Capital Group”) and companies from Wrist group in the period between 24 May 2013 and 20 January 2014 amounts to approximately PLN 3 941 million. The agreements between ORLEN Capital Group and companies from Wrist group were concluded for the purchase and sales of products.

In accordance with the “Regulation of the Minister of Finance dated 19 February 2009 on current and periodic information to be published by issuers of securities and on the conditions under which such information may be recognized as being equivalent to information required by the regulations of law of a state which is not a member state” the abovementioned agreements constitute a “significant agreement” due to the fact that their total value exceeds 10% of PKN ORLEN’s equity.