Mr. Piotr Kownacki has been appointed to the PKN ORLEN Management Board

Polski Koncern Naftowy ORLEN S.A. ("PKN ORLEN"), Central Europe’s largest downstream oil company, announces that on 17 October 2006 the PKN ORLEN Supervisory Board appointed Mr. Piotr Kownacki to the position of Vice President of the PKN ORLEN Management Board beginning from 23 October 2006.

Mr. Piotr Kownacki, age 52, graduated from the Law and Administration Department of Warsaw University. He specialised in constitutional and state law, especially in the regime of local administration bodies. He started his professional career in 1979 at the Institute of Law Studies of the Polish Academy of Sciences, where he studied for a doctorate.

From 1983 to 1987 he was employed in the press office of the Sejm, and then for two years worked as an Adjudicating Counsellor in the Office of the Constitutional Tribunal. In November 1989, he was appointed to the position of Director of the Office of the Government Plenipotentiary for the Reform of Local Government Structures. In January 1991 he was nominated Undersecretary of State in the Office of the Council of Ministers. Mr. Piotr Kownacki was a Vice-President of the Supreme Chamber of Control from 15 July 1991 to 3 August 1999. After Mr. Kownacki left the Supreme Chamber of Control at his own request in August 1999, he held the position of Vice-President of the Bank for Environmental Protection (Bank Ochrony Srodowiska). On 1 September 2001, he was once again appointed by the Marshal of the Sejm to the position of Vice-President of Supreme Chamber of Control.

Mr. Piotr Kownacki 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. Piotr Kownacki is not on the List of Insolvent Debtors kept on record on the National Court Register Act.