Investment in Unipetrol will secure IRR of over 33%.

(Warsaw, Prague, 17th October) - The EBITDA of Unipetrol will improve at least 138 mln Euro by 2008, in the 2004 macroeconomic conditions, as a consequence of the streamlining of the company ´s operations with the PKN ORLEN Group.

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Central & Eastern Europe Refining and Perochemicals Annual Roundtable in Warsaw

From the 18th to the 21st of October 2005 Warsaw will host The 8th Central & Eastern Europe Refining and Petrochemicals Annual Roundtable. The event is co-hosted by PKN ORLEN.

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PKN ORLEN sponsors the XV International Frederic Chopin Piano Competition

PKN ORLEN is sponsoring the XV International Frederic Chopin Piano Competition as well as radio broadcasts, press supplements and accompanying events. The ORLEN Dar Serca foundation is a founder of the stipendium for the Polish best pianist.

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PKN ORLEN – partner of The Corporate Governance in Public Companies Conference

On 29th September the Warsaw Stock Exchange will witness a conference held under the banner “Corporate Governance in Public Companies”. Dariusz Grebosz, IR Director at PKN ORLEN, will participate in a discussion panel entitled “The Role and Responsibility of the Management & Supervisory Boards, Reporting Standards within Companies, Client Relationships, Access to Financial Resources.”

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VERVA - feel the power of new fuels from ORLEN

PKN ORLEN today introduces state-of-the-art, cutting edge fuels offered under the commercial name of VERVA. The new offering, which includes VERVA 98 petrol and VERVA ON diesel, is aimed at consumers of premium-segment products. This new generation of fuels ensures better engine performance and life. VERVA meets the most stringent European requirements for non-sulphur fuels envisaged for 2009.

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PKN ORLEN requests entire disclosure of the contracts with Agrofert

PKN ORLEN asked Agrofert again today for consent with an entire disclosure of all the contracts signed by Agrofert and the previous management of PKN ORLEN in 2003 and 2004. As it is already publicly known, PKN ORLEN requested for Agrofert´s permission already several times in the past however has never obtained a reply allowing an entire disclosure.

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PKN ORLEN didn`t get from Agrofert Holding consent to reveal whole agreements

Following the disclosure of part of the agreement passed to the media today PKN ORLEN want to underline that it sill didn`t get from Agrofert Holding consent to the publication of whole agreements. PKN ORLEN is stressing that publication of parts of the agreements doesn`t give the full picture and relevant information about content of the agreements and it may cause false interpretation and may be misleading.

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PKN ORLEN has not yet received from Agrofert Holding consent to reveal the details of the agreements

Following the requests send by PKN ORLEN for Agrofert`s consent to announce material matters set out in the formal agreements executed between parties, PKN ORLEN informs that it still didn`t get from Agrofert Holding consent to the disclosure of information relating to the agreements and publication of whole agreements.

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ORLEN confirms that it is no longer pursuing the acquisition of a stake in Tupras

Following today’s announcement by the Turkish Privatisation Administration regarding its bid for a 51% stake in Tupras, a company currently owned by the Turkish State Treasury, PKN ORLEN confirms that it has ended its participation in the privatisation process.

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