Annual wholesale contracts

Wholesale Contracts

Polski Koncern Naftowy ORLEN S.A. ("PKN ORLEN"), Central Europe's largest downstream oil company, announces that on December 31, 2003 wholesale agreements were concluded for the sale of gasoline and diesel oil over the coming year.

BP Polska Spolka z o.o. to purchase gasoline and diesel oil with an estimated value of PLN 3,342,000,000.00 for delivery during 2004;
SHELL Polska Spolka z o.o. to purchase gasoline and diesel oil with an estimate value of PLN 1,920,000,000.00 for delivery during 2004.