Receipt of a copy of the citation from the Arbitration Court submitted by Agrofert Holding a.s.

Polski Koncern Naftowy ORLEN S.A. („PKN ORLEN”, “Company”), Central Europe’s largest downstream oil company, announces that on 13th December 2006 it received from the Arbitration Court at the Economic Chamber of the Czech Republic and Agrarian Chamber of the Czech Republic in Prague, a copy of the citation submitted by Agrofert Holding a.s., headquartered in Prague, regarding the payment of compensation for damages caused by unfair competition, the illegal smearing of the good name of Agrofert Holding a.s., and for the failure to perform according to the agreements signed by PKN ORLEN and Agrofert Holding a.s. in the years 2003-2004.

The value of the claim in the dispute amounts to CZK 17,352,550,000 with interest (i.e. approximately PLN 2,363,417,310 based on CZK/PLN average exchange rates as of December 13th 2006, as stated by the National Bank of Poland).
PKN ORLEN considers the Agrofert Holding a.s. claim to be groundless.