Polish State Treasury has appointed Mr Maciej Kruk as a member of the Supervisory Board of PKN ORLEN

Polski Koncern Naftowy ORLEN S.A. ("PKN ORLEN"), Central Europe’s largest downstream oil company, announces that on 2nd April 2004 the Polish State Treasury has appointed Mr Maciej Kruk as a member of the Supervisory Board of PKN ORLEN, to replace Mr Grzegorz Mroczkowski. The decision was taken under the provisions of the Articles of Association of PKN ORLEN (§ 8, item 1).

Mr Maciej Kruk, aged 43, graduated from the Warsaw University, Faculty of Law & Administration. He has also completed a post-graduate degree in Management and Organization from the Institute for Humanistic Education from the Military University of Technology in Warsaw. Other posts he has held include:

• Guarantees Inspector in the Military Trade Headquarters (to 1989)
• Manager of the Advertising Publishing House and then manager of the Services Department in the Warsfutbol Foundation (to 1991)
• Chief legal and organisational specialist at Arteon Sp. z o.o (to1993)
• Appointed agent at the law firm - Invexim Sp. z o.o (to 1996)
• Senior specialist at the Department of Corporate Supervision at the Ministry of Privatisation (to 1997)
• Deputy Director at the Investment Funds Department at the Ministry of State Treasury (to 1998)
• Head and then Deputy Director of the Finance Department at the Ministry of State Treasury (to 2001)
• Deputy Director of the Restructuring and Welfare Department (to march 2004) Mr Maciej Kruk is now the Director of Restructuring and Welfare Department at the Ministry of State Treasury.

Mr Maciej Kruk is not involved in any activity competing with PKN ORLEN and is not a partner in any competing company. He is not a member of any board of a competing capital company and is not on the list of insolvent debtors kept on the record on the National Court Register Act.

About PKN ORLEN SA
PKN ORLEN S.A. is one of the largest companies in Central & Eastern Europe, with listings on the Warsaw and London Stock Exchanges, and trading on the OTC market in the U.S.A. It is Poland’s largest refiner of crude oil and marketer of world-class petroleum and related products. It has a substantial wholesale and retail distribution system that includes the largest network of service stations in Poland. It also has significant financial investments in the telecommunications sector in Poland.