09.08.2005

Moving the Group's consolidated financial statement for Q2 2005

Polski Koncern Naftowy ORLEN Spolka Akcyjna ("PKN ORLEN"), Central Europe's largest downstream oil company, hereby announces that it is moving the publication of its consolidated financial statement for Q2 2005 from 16th August 2005, as originally planned, to 29th September 2005.

However, on 16th August 2005 PKN ORLEN will publish a regulatory announcement with selected consolidated financial data for PKN ORLEN for the period covering the first two quarters of 2005, but excluding the influence of the purchase of UNIPETROL.

The change is has been necessitated by the complicated and time-consuming valuation process subsequent to our purchase of UNIPETROL.

PKN ORLEN has received appropriate approval for the change of date from the Polish Security Exchange Commission.