PKN ORLEN increases stake in ANWIL

PKN ORLEN Increases Stake in Anwil

Polski Koncern Naftowy ORLEN S.A. (“PKN ORLEN”), Central Europe’s largest downstream oil company, has purchased 1,522,095.0 shares in Z.A. Anwil SA (“Anwil”) from BiG Bank Gdanski SA (“BBG”) at a total price of PLN 20,545,300. The Agreement was signed on June 6, 2001 and the share ownership transfer from BBG to PKN ORLEN will be executed on June 12, 2001.

As a result of this transaction PKN ORLEN will increase its stake in Anwil from 64.81% to 74.97%.