The Bank of New York will not issue discretionary proxies for EGM on 21 February 2002

Polski Koncern Naftowy ORLEN SA (“PKN ORLEN”), Central Europe’s largest downstream oil company, hereby announces that it has learnt from The Bank of New York (The Bank) that The Bank will not issue “discretionary proxies” for the Extraordinary General Meeting of Shareholders to be held on 21 February 2002.