PKN ORLEN purchased a further 2.95 per cent stake in ZA ANWIL S.A.

Polski Koncern Naftowy ORLEN S.A. (PKN ORLEN), Central Europe's largest downstream oil company has today announced that they have purchased a further 2.95 per cent stake in Zaklady Azotowe ANWIL S.A. (Z.A. ANWIL), Poland's leading petrochemical company. This raises their total holding to 38.35 per cent.

PKN ORLEN purchased 443,257 shares in Z.A. ANWIL from the commune of Wloclawek City at a price of PLN 12 each. Z.A. Anwil controls 65 per cent of the PVC market and is the largest customer of ethylene from PKN ORLEN's Plock refinery.