New mandates for Management Board

The Management Board of PKN ORLEN S.A. (“PKN ORLEN”), Central Europe’s largest downstream oil company, hereby announces that in accordance with today previous regulatory announcement no 42/2005 the Supervisory Board of PKN ORLEN has appointed, at the meeting on 30 June 2005, for a new 3-year term of office, Mr Igor Chalupec to the position of President & CEO of the Management Board. On Mr Igor Chalupec’s motion the Supervisory Board of PKN ORLEN has appointed Mr Wojciech Heydel, Mr Jan Maciejewicz and Mr Cezary Smorszczewski to the position of Vice Presidents and Mr Pawel Szymanski to the position of Member of the Management Board. The conditions of contracts of Management Board members remain without changes.