Purchase of shares in ORLEN Ksiegowosc

Polski Koncern Naftowy ORLEN S.A. ("PKN ORLEN"), Central Europe’s largest downstream oil company, announces that on September 1st, 2006, it was informed that the company ORLEN Ksiegowosc Sp. z o. o. (“ORLEN Ksiegowosc”), a limited liability company headquartered in Plock, 42 Zglenickiego Street, 09-411 Plock, was registered on August 22nd, 2006 by a District Court in Warsaw (Poland).

PKN ORLEN purchased 5000 shares in ORLEN Ksiegowosc, representing 100% of the initial capital of ORLEN Ksiegowosc, with a par value PLN 500 of each share, representing 100% of votes at the General Meeting of shareholders of ORLEN Ksiegowosc. The purchased shares in ORLEN Ksiegowosc were paid for by PKN ORLEN in the form of a cash contribution of PLN 2,500,000.

ORLEN Ksiegowosc may provide services in the field of finance and accountancy, data processing, as well as services connected with data bases, company and management advisory services, labour intermediation, recruitment and leasing, financial and cash intermediation and payment receivables vindication.

The Management Board of ORLEN Ksiegowosc consists of two persons: the President of the Management Board and Member of the Management Board. The Member of the Management Board has been a PKN ORLEN employee since July 16th, 1999 and is presently on unpaid leave.