An action at law

Bengodi Finance S.A. brought an action at law to the District Court in Warsaw regarding the invalidity of resolution no 14 of the EGMs

Polski Koncern Naftowy ORLEN S.A. ("PKN ORLEN"), Central Europe’s largest downstream oil company, hereby announces that on 12 August 2004 the shareholder Bengodi Finance S.A. based in Warsaw informed PKN ORLEN, that it has brought an action at law to the District Court in Warsaw regarding the invalidity of resolution no 14 of the Extraordinary General Meeting of Shareholders of PKN ORLEN dated 5 August 2004. Resolution no 14 is as follows:

RESOLUTION No 14
OF
EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS
OF
POLSKI KONCERN NAFTOWY ORLEN SPOLKA AKCYJNA
dated 5 August 2004
regarding appointment to the Supervisory Board of Polski Koncern Naftowy ORLEN S.A.

§ 1

Under § 8 item 4 of the Company’s Articles of Association, the Extraordinary General Meeting of Shareholders of Polski Koncern Naftowy ORLEN S.A. decides to appoint Mr Jacek Bartkiewicz to the position of the Chairman of the Supervisory Board of Polski Koncern Naftowy ORLEN S.A.

§2

The resolution takes immediate effect.

The resolution was passed in a secret ballot.

About PKN ORLEN

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 which includes the largest network of service stations in Poland. It also has significant financial investments in the telecommunications sector in Poland.