No. 88/2003  | 21-11-2003

Expression of interest in a 51% stake in SNP Petrom

Polski Koncern Naftowy ORLEN S.A. ("PKN ORLEN") Central Europe's largest downstream oil company, hereby announces that today it submitted a preliminary, non-binding, expression of interest to the Romanian Ministry of Economy and Commerce in respect of the purchase of a 51% stake in SNP Petrom S.A., Romania's biggest oil company.

(see also a release from 19 September 2003)