Wholesale agreement with Rafineria Trzebinia

Polski Koncern Naftowy ORLEN S.A. („PKN ORLEN”), Central Europe’s largest downstream oil company, announces that on January 12, 2005 wholesale agreement was concluded with Rafineria Trzebinia S.A. for the sale of gasoline and diesel oil with an estimate gross value of PLN 343,000,000 for delivery during 2005.

PKN ORLEN holds 77.1% stake in Rafineria Trzebinia S.A.