Polski Koncern Naftowy ORLEN S.A. (“PKN ORLEN”) hereby informs that on 31 January 2014, Unipetrol RPA s.r.o.(„Unipetrol RPA”), subsidiary of Unipetrol a.s., signed two agreements with Shell Czech Republic a.s. („Shell Czech Republic”), member of the Shell group.

The first agreement was signed for the sales by Unipetrol RPA of fuels to Shell Czech Republic for the period between 31 January 2014 and 31 December 2018. The estimated net value of the agreement amounts to CZK 44 000 m (i.e. approximately PLN 6 776 m, based on the average PLN/CZK exchange rate as of 31 January 2014, as stated by the National Bank of Poland).

On the basis of the second agreement Unipetrol RPA will acquire inventories of crude oil and refining products from Shell Czech Republic. The estimated net value of the agreement amounts to CZK 1 575 m (i.e. approximately PLN 243 m, based on the average PLN/CZK exchange rate as of 31 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 Shell group in the period between 27 July 2013 and 31 January 2014 amounts to approximately PLN 9 107 million. The agreements between ORLEN Capital Group and companies from the Shell group were concluded for the sales of products, purchase of crude oil, purchase of inventories of crude oil and products as well as acquisition of assets.

Unipetrol RPA s.r.o. is a company, in which 100% of shares is held by Unipetrol a.s. PKN ORLEN owns ca. 63% share in Unipetrol a.s.

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.