Agreement with Basell extended

Polski Koncern Naftowy ORLEN Spolka Akcyjna ("PKN ORLEN"), Central Europe's largest downstream oil company, informs that today PKN ORLEN extended the Exclusivity Agreement till end November for negotiations on a polyolefins business in Plock with Basell. Basell is a global leader in the production of polyolefins.

(see also reports 36/2001/37 as of 28th June 2001 and 68/2001 as of 25th September 2001)