PKN ORLEN - consolidated financial results 2Q and 1H 2009

In 2Q 2009 PKN ORLEN Capital Group significantly improved its financial results. In this period the holding company generated net income to the amount of 1169 million PLN, and operating income to the amount of 661 million PLN. Good results enabled the Company to minimize the loss from 1Q 2009 and close 1H with a positive net result at the level of 77 million PLN and operating income to the amount of 340 million PLN. The main reason for the better results was a significant increase in sales volumes and income in the retail segment, as well as the effect of inventory revaluation and the impact of exchange rates differences.

Another Latvian exploration license for PKN ORLEN

The company SIA Balin Energy, a joint venture of PKN ORLEN and Kuwait Energy Company has obtained the second exploration and production license for its activity in the Latvian Baltic Sea economic area. The decision has been announced today by the Latvian government in the Official Journal of the European Union.

PKN ORLEN - the lead sponsor of the Women’s European Volleyball Championship 2009

Today, Monday 3rd August, PKN ORLEN and the Polish Volleyball Association have signed a Letter of Intent regarding lead sponsorship of the Women’s European Volleyball Championship 2009 to be held in September in Poland. The Letter was signed by Miroslaw Przedpelski, President of the Polish Volleyball Association and Leszek Kurnicki, Marketing Executive Director at PKN ORLEN.

Lars Møller Madsen in Płock

„The Executor” of the Danish national handball team, as he is referred to, the world’s second strongest throwing player and the winner of the Euro Handball Championship 2008 - Lars Møller Madsen – has signed a two year contract with Wisła Płock.

PKN ORLEN warns against fraud

Following recent job offer announcements allegedly published by PKN ORLEN across Europe and Africa please be informed that none of the information represents the Company or its affiliates and therefore PKN ORLEN bears no responsibility for any damage resulting from taking up any co-operation with the fraudsters.

PKN ORLEN launches invitation to esters tender

PKN ORLEN is launching an invitation to tender for the supply of fatty acid methyl esters (FAMEs) to the companies of the ORLEN Capital Group, operating on every national market represented within the Group.

New CEO at AB Mazeikiu Nafta

PKN ORLEN announces that Marek Mroczkowski, President & CEO of AB Mazeikiu Nafta will resign from the post as of 31st July 2009.

First shipment to ORLEN GAZ marine terminal

Yesterday, Tuesday 21st July 2009, the ORLEN GAZ marine LPG terminal in Szczecin (Poland) received 1.6 thousand tonnes of propane shipped from Stanlow (UK). The gas was transferred from the Lady Martine to the 3 on-shore tanks of ORLEN Gaz, which after laboratory analysis was reloaded to the road auto-tanks.

Transfer of PKN ORLEN shares to the State Treasury

Polski Koncern Naftowy ORLEN S.A. ("PKN ORLEN") hereby announces that it received a notice that on 22 July 2009 Nafta Polska S.A. (“Nafta Polska”) transferred PKN ORLEN shares to the State Treasury (“State Treasury”). In result of the transaction the State Treasury, represented by the Minister of the State Treasury, purchased 74 076 299 of PKN ORLEN shares, representing 17,32% of registered capital of PKN ORLEN, with 74 076 299 votes at the PKN ORLEN General Meeting attached to these shares, representing 17,32% of the total votes.