Withdrawal from the agreements signed with Agrofert by PKN ORLEN

On February 20th 2006 the Management Board of Polski Koncern Naftowy Orlen Spolka Akcyjna has decided on withdrawal (in the understanding of Czech Republic commercial code) of Cooperation Agreement concluded on November 19, 2003 and General Agreement on terms of future share purchase agreement concluded on April 7, 2004 with Agrofert Holding a.s. (“Agreements”). The reason for such withdrawal was breaching by Agrofert Holding a.s. the terms of the Agreements by letting DEZA a.s. to execute the share purchase option on AGROBOHEMIE, a.s and ALIACHEM, a.s. shares.

The fact of execution of the option has been confirmed by public announcement of Unipetrol a.s. dated December 15, 2005.

(see also: regulatory announcement no 85/2003 dated 20 November 2003 and regulatory announcement no 41/2004 dated 4 June 2004).