Wholesale agreement with SHELL Polska for the sale of gasoline and diesel oil

Polski Koncern Naftowy ORLEN S.A. („PKN ORLEN”), Central Europe’s largest downstream oil company, announces that on January 3, 2005 wholesale agreement was concluded with SHELL Polska Spolka z o.o. for the sale of gasoline and diesel oil with an estimate gross value of PLN 1,905,000,000.00 for delivery during 2005.