Changes in the PKN ORLEN Management Board

Regulatory announcement no 76/2005 dated December 21st ,2005

Polski Koncern Naftowy ORLEN S.A. (“PKN ORLEN”), Central Europe’s largest downstream oil company, announces that the Supervisory Board of PKN ORLEN has appointed, following its meeting on 21 December 2005, Mr. Cezary Stanislaw Filipowicz to the position of the Deputy President of the PKN ORLEN Management Board with effect from 2 January 2006. This complies with the motion of the Ministry of the State Treasury according to the § 9 item 1 point 3 of the Articles of Association of PKN ORLEN.

Mr. Cezary Stanislaw Filipowicz, born in 1954, geological sciences doctor of Warsaw University, graduated from the Faculty of Geology at Warsaw University, the Faculty of Biology and Earth Sciences at Gdansk University and one-year geological studies in Bansigstoke Technical College in Great Britain.

Professional career:
2004 – up until now General Director of the International Pipeline Company „SARMATIA” Sp. z o.o.
2003 – up until now Director of O.S.A. „Ukrtransnafta” Representation in Poland.
2001 – 2002 General Ecologist of the Bank of Environment Protection
2000 – 2001 President of the International Petroleum Association „Golden Gate” S.A.
1993 – 2001 President/Manager on the manager agreement at the Geological Services Company Abroad „GEOPOL”.
1980 – 1993 As follows: assistant, senior assistant, tutor at the Faculty of Geology at Warsaw University.
Moreover:
Up until now:- Member of the European Federation of Geologists.
- Member of the American Association of Petroleum Geologists Executive Committee (AAPG – Team Leader for Poland).
- Member of Geological Council at the Ministry of the Environment.
2001 – 2002 Member of ISPA Steering Committee at the Ministry of the Environment.
1998 – 2000 Member of the Political Office at the Ministry of the Environment.
1991 – 1992 Visiting Professor at the Ohio State University in Columbus, USA, within the framework of Fulbright scholarship.
1990 – 1991 TEMPUS Program Coordinator at the Faculty of Geology at the Warsaw University.
1986 – 1987 Visiting Scholar at the Kansas University in Lawrence, USA.

Mr. Cezary Stanislaw Filipowicz has declared that upon joining the Management Board of PKN ORLEN, he will not be involved in any activity that competes with PKN ORLEN; will not be a partner of any competing company; and will not be a member of any board of a competing incorporated company. Mr. Cezary Stanislaw Filipowicz is not on The List of Insolvent Debtors kept on record on the National Court Register Act.