Gas purchase licence

Polski Koncern Naftowy ORLEN Spolka Akcyjna ("PKN ORLEN"), Central Europe's largest downstream oil company, hereby announces that on 17 June 2003 the President of Urzad Regulacji Energetyki (The Energy Regulatory Authority of Poland), under decision No OGZ/12/554/W/2/2003/AS, gave PKN ORLEN a license for the purchase of natural gas abroad in the period between 20 June 2003 and 20 June 2013.

PKN ORLEN will, therefore, expand its existing gas activities and supply the companies from its Capital Group with the product. As a result, PKN ORLEN will optimize its gas purchasing costs, leading to considerable cost savings in the coming years.