The EGM of Shareholders of PKN ORLEN

The Management Board of PKN ORLEN has called the Extraordinary General Meeting of Shareholders of PKN ORLEN to be held on 8 April 2004. The Meeting shall commence at 10.00 CET in Plock (Poland) at the following address:
Centrum Edukacji Grupa ORLEN
ul. Kobylinskiego 25
Hall B

Agenda of the Extraordinary General Meeting of Shareholders of PKN ORLEN:

1. Opening;
2. Election of the Chairman of the Meeting;
3. Affirmation of the legality of the Meeting;
4. Approval of the agenda;
5. Election of the Vote Counting Commission;
6. Resolution concerning approval for disposal (sale or lease) of self-operating parts of the Company;
7. Resolution concerning changes to the Rules for the use of the Privatisation Fund of PKN ORLEN
8. Resolution in respect of changes to the Company’s Articles of Association;
9. Resolution in respect of changes in the Supervisory Board of PKN ORLEN;
10. Closure of the Meeting.

For draft amendments to the Articles of Association proposed by the Management Board of PKN ORLEN please refer to the regulatory announcements in the Investor Relations section.

The participation in the Extraordinary General Meeting of Shareholders is permitted on condition than the certificates mentioned below will be submitted at least seven days prior to the Extraordinary General Meeting of Shareholders, i.e. not later that on 31 March 2004 in the Company’s Headquarters in Plock, Chemikow St. 7, at the Legal Office - room 203 between 7:30 a.m. and 4 p.m.

Participation in the Extraordinary General Meeting of Shareholders is permitted under certificates issued by a brokerage house or a bank running the securities account stating the number of shares owned and confirming these shares will have been deposited on the account by the end of the Extraordinary General Meeting of Shareholders. A week before the Extraordinary General Meeting of Shareholders, the materials concerning cases and matters listed in the Agenda and materials concerning the Extraordinary General Meeting of Shareholders to the extend required by the Law will be made available to the Shareholders at the reception of the Company’s Headquarters in Plock, Chemików St. 7. between 8 a.m. and 3 p.m.

The shareholders list registered for the Extraordinary General Meeting of Shareholders will be available for 3 business days prior to the Extraordinary General Meeting of Shareholders at the reception of the Company’s Headquarters.

Registration of shareholders will begin at 9.00 a.m. on 8 April 2004 in front of the conference hall.