Shares held by The Bank of New York

Polski Koncern Naftowy ORLEN S.A. ("PKN ORLEN"), Central Europe's largest downstream oil company, announces that the number of its shares held by The Bank of New York decreased from 42,380,674 (10.09% of votes at the General Shareholders' Meeting as reported on October 3, 2003) to 41,974,304 shares (9.99% of votes at the General Shareholders' Meeting as of November 4, 2003 holding).