Opening of the liquidation proceedings for ETYLOBENZEN Plock.

Polski Koncern Naftowy ORLEN S.A. ("PKN ORLEN"), Central Europe’s largest downstream oil company, announces that on 4 July 2007 an Extraordinary General Meeting of Shareholders of ETYLOBENZEN Plock Sp. z o.o. (a limited liability company) (“ETYLOBENZEN Plock”) headquartered in Plock, Poland, accepted a resolution regarding the dissolution of ETYLOBENZEN Plock, and the appointment of Ms. Hanna Kowalska as the liquidator.

The initial capital of ETYLOBENZEN Plock amounts to PLN 12,000,000 and is divided into 1,200 equal and indivisible shares with a par value of PLN 10,000 for each share. PKN ORLEN owns 100% of the initial capital of ETYLOBENZEN Plock.

ETYLOBENZEN Plock produces and sells organic chemicals.

The intention of PKN ORLEN’s Management Board is to incorporate the assets of ETYLOBENZEN Plock into the structure of PKN ORLEN.

See also: regulatory announcement no 19/2007 dated 23 April 2007.