EGM of Shareholders of PKN ORLEN called for 21 February 2002

Polski Koncern Naftowy ORLEN Spolka Akcyjna (PKN ORLEN), Central Europe's largest downstream oil company, hereby announces what follows:
Management Board of PKN ORLEN, a company with its headquarters in Plock, Chemików St. 7, acting under art. 399 § 1and art. 400 § 1 of the Commercial Code and § 7 item 4 of the Company Statutes, is calling for an Extraordinary General Meeting of Shareholders of PKN ORLEN to be held on 21 February 2002 at 11.00 in the House of Technician located at Kazimierza Wielkiego St. 41.

Agenda:

1.Opening of the Extraordinary General Meeting of Shareholders;
2.Election of the Chairman of the Extraordinary General Meeting of Shareholders;
3.Affirming the legality of calling the Extraordinary Meeting of Shareholders and legal ability of the Meeting to pass resolutions;
4.Approval of the agenda;
5.Election of the Vote Counting Commission;
6. Passing resolution concerning approval for disposal (sale or lease) of self-operating parts of the Company;
7. Passing resolutions concerning purchase and sale of property/ real estate or part of, by the Company;
8. Passing resolutions concerning changes to the Company’s Supervisory Board Composition;
9. Closure of the Extraordinary General Meeting of Shareholders.