Agreements between ORLEN Capital Group and Total group

Polski Koncern Naftowy ORLEN S.A. (“PKN ORLEN”) announces that on 29 July 2013 it signed a spot agreement with TOTSA Total Oil Trading S.A., Geneve, Switzerland, company belonging to the Total group, for crude oil deliveries to AB ORLEN Lietuva. The estimated net value of the agreement amounts to approximately USD 79 million (i.e. approximately PLN 251 million, based on the average PLN/USD exchange rate as of 29 July 2013, as stated by the National Bank of Poland).

The total value of agreements signed between PKN ORLEN and companies from the Total group in the last twelve months amounts to approximately PLN 1 006 million.

The total value of agreements signed between PKN ORLEN subsidiaries and companies from the Total group in the last twelve months amounts to approximately PLN 1 916 million.

The agreements between PKN ORLEN and PKN ORLEN subsidiaries and companies from the Total group were concluded for the purchase of crude oil and supplies of fuels.

Agreement dated 9 January 2013 is the agreement with the highest amount from among all agreements mentioned above. The estimated value of the agreement amounts to approximately EUR 452 million (i.e. approximately PLN 1 862 million, based on the average PLN/EUR exchange rate as of 9 January 2013, as stated by the National Bank of Poland). The agreement was concluded between ORLEN Deutschland GmbH and Total Deutschland GmbH, Berlin and concerns supplies of fuels.

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.