Filing of a bankruptcy petition regarding ORLEN Transport Krakow

Polski Koncern Naftowy ORLEN S.A. (“PKN ORLEN”) announces that on 6 August 2007 ORLEN Transport Krakow Sp. o.o. (“ORLEN Transport Krakow”, “Company”) filled a petition in the District Court for Karkow-Srodmiescie in Krakow, Poland (VIII Economic Department for Bankruptcy, address: Przy Rondzie 7, 31-574 Krakow, Poland) regarding the bankruptcy of ORLEN Transport Krakow, including the liquidation of the assets of the Company.

The petition has been submitted by the Management Board of the Company because the total liabilities of ORLEN Transport Krakow exceed its registered capital. This is as a result of the decisions regarding excise taxes which were imposed on the Company by the Customs House in Krakow.

The registered capital of ORLEN Transport Krakow amounts to PLN 12 465 000 and is divided into 124 650 equal and indivisible shares with a par value of PLN 100 for each share. PKN ORLEN owns 98% of the initial capital of ORLEN Transport Krakow.