New member of the Management Board of PKN ORLEN

Polski Koncern Naftowy ORLEN SA (“PKN ORLEN”), Central Europe’s largest downstream oil company, hereby announces that on April 22nd, 2004 the Supervisory Board of PKN ORLEN appointed Mr Krzysztof Kluzek to the position of the member of the Management Board.

Mr Krzysztof Kluzek, age 46, graduated from Warsaw University of Technology, Faculty of Production Engineering. Since January 2001 he has been member of the Management Board of PZU S.A. headquarters.

Other posts he has held:
· 2002-2004 Member of the Supervisory Board of PKN ORLEN
· 1998-2000 he was successively expert and Management Board commercial investment plenipotentiary in PZU Development (Capital Group PZU)
· 1998-99 Investment Consultant in Investment Group Centrum (Capital Group PZU).
· Director of Profus Management specialised in wholesale
· 1994-96 technical adviser and trade director in Teoma Sp. z o.o.
· Director of Custom Warehouse Skład Celny Adara Sp. z o.o. (custom warehouse)
· Advisor to the President of Tesa Telekomunikacyjna Sp. z o.o.

Mr Krzysztof Kluzek has today resigned from the position of the member of the Supervisory Board of PKN ORLEN.

The newly elected member of the Management Board is not involved in any activity competitive with PKN ORLEN and is not a partner of any competitive company. He is not a member of any board of a competitive capital company and is not on the list of insolvent debtors kept on record on the National Court Register Act.