Validation of the court sentence regarding the refusal of statement of the invalidity of the PKN ORLEN GM resolution about the appointment of Mr. Jacek Bartkiewicz to Sup. Board

Polski Koncern Naftowy ORLEN S.A. ("PKN ORLEN"), Central Europe’s largest downstream oil company, informs that on 21st September 2006 the Supreme Court of the Republic of Poland, having recognised the complaint raised by Bengodi Finance S.A., presently SynerProjekt S.A. (“Plaintiff”), against PKN ORLEN, with the participation of the State Treasury as an accidental intervener appearing on the side of defendant company PKN ORLEN, regarding the invalidity of resolution no 14 of the General Meeting of PKN ORLEN dated 5th August 2004 about appointment of Mr. Jacek Bartkiewicz to the position of Chairman of the Supervisory Board, allowed PKN ORLEN’s and State Treasury’s claims for cassation and, having overruled the judgment of the second degree of jurisdiction Appeal Court in Warsaw dated 8th December 2005, dismissed the appeal of the plaintiff from the judgment of the first degree of jurisdiction District Court in Warsaw dated 1st June 2005 dismissing the claim. In accordance with the above the sentence of the District Court, regarding the refusal of statement of the invalidity of the resolution no 14 of the PKN ORLEN General Meeting dated 5th August 2004 about the appointment of Mr. Jacek Bartkiewicz to the position of Chairman of the Supervisory Board, became final and valid.

See also: regulatory announcement no 74/2005 dated 8 December 2005, regulatory announcement no 34/2005 dated 2 June 2005 and regulatory announcement no 66/2004 dated 12 August 2004.