Rotch Energy invites PKN ORLEN to participate in their bid for Gdansk Refinery

Polski Koncern Naftowy ORLEN S.A. ("PKN ORLEN"), Central Europe's largest downstream oil company hereby informs that today UK based Rotch Energy officially invited PKN ORLEN to enter into negotiations with them in respect of their bid for 75 per cent stake in Gdansk Refinery, the second largest refinery in Poland.

The invitation was received, following an announcement by the Polish Government on amendments to its programme of restructuring and privatisation of the Polish oil sector. This amendment now allows participation of PKN ORLEN in privatisation of Gdansk Refinery.

About PKN ORLEN SA

PKN ORLEN S.A. is one of the largest companies in Central & Eastern Europe, with listings on the Warsaw and London Stock Exchanges, and trading on the OTC market in the U.S.A. It is Poland's largest refiner of crude oil and marketer of world-class petroleum and related products. It has a substantial wholesale and retail distribution system that includes the largest network of service stations in Poland. It also has significant financial investments in the telecommunications sector in Poland.