Sale of shares in ZAWITAJ Swinoujscie

Polski Koncern Naftowy ORLEN S.A. (“PKN ORLEN”, “Company”) Central Europe’s largest downstream oil company, hereby announces that on 2 June 2005, on the basis of share transfer agreements, the Company sold 8,219 shares of ZAWITAJ Swinoujscie Sp. z o.o. („ZAWITAJ Swinoujscie”) based in Swinoujscie (Poland) with a par value of PLN 500 each, representing 100.00% (and the same number of votes at its shareholders’ meeting), for a total of PLN 2,900,000.00, i.e. PLN 352.84 for each share, to Ms Grazyna Grabowska, who operates a business with the same name as her in Swinoujscie.

Ms Grazyna Grabowska is the President of the management board of ZAWITAJ Swinoujscie. The share ownership was transferred to Ms Grazyna Grabowska on 30 June 2005.

Following the above transaction PKN ORLEN will cease to have any holding in ZAWITAJ Swinoujscie.

Except in respect to the execution of the share transfer agreements referred to above, no other relationship exists between the issuer and the issuer’s managing or supervising persons, and the sellers of the shares.