Polkomtel's early loan repayment to PKN ORLEN

Polski Koncern Naftowy ORLEN Spolka Akcyjna ("PKN ORLEN"), Central Europe's largest downstream oil company and owner of 19.61% of Polkomtel S.A. - the operator of the Plus GSM telephone network - ("Polkomtel"), announces that on 17 December 2003 Polkomtel made an early loan repayment to PKN ORLEN of PLN 98,050,000.00, plus interest of PLN 2,132,832.63.

(see current report 71/2001 dated 8 October 2001)