Registration of ORLEN Morena

Polski Koncern Naftowy ORLEN Spolka Akcyjna ("PKN ORLEN"), Central Europe's largest downstream oil company, announces today that on 11th September 2001 it was notified about registration of ORLEN Morena Sp. z o.o. in Sad Rejonowy w Gdansku, XII Wydział Gospodarczy Krajowego Rejestru Sądowego (“District Court in Gdansk”) PKN ORLEN subscribed 50.48 % of shares in the company. The initial capital of the company equals to PLN 10,500,000.
The company specialises in retail and wholesale of fuels produced by PKN ORLEN. The company will be a Regional Market Operator in the northern part of Poland.