The registration of a new company ORLEN Eko

Polski Koncern Naftowy ORLEN S.A. ("PKN ORLEN"), Central Europe’s largest downstream oil company, informs of the registration of ORLEN Eko, a limited liability company with its head office in Plock, on the 10th September 2004 by a District Court in Warsaw (Poland). PKN ORLEN owns 100 per cent of the shares, which have a par value PLN 500 each, representing the same number of votes at the general meeting of shareholders. The shares in ORLEN Eko, i.e. 4,000 shares were paid for by PKN ORLEN in the form of a cash contribution of PLN 2,000,000;

The company specialises in waste disposal.

The cash contribution has been financed by PKN ORLEN from its own resources and is a long-term investment.

The Management Board of ORLEN Eko consists of 1 member. The President of the Management Board of ORLEN Eko was a PKN ORLEN employee as at 31