AB Mazeikiu Nafta has acquired shares in UAB Mazeikiu Nafta Health Care Centre

Polski Koncern Naftowy ORLEN S.A. ("PKN ORLEN") announces that on 23 October 2007, the company UAB Mazeikiu Nafta Health Care Centre, a private limited liability company headquartered in Juodeikiai, LT-89467 Mazeikiai district, Republic of Lithuania, was registered with the Register of Legal Entities (“MN Health Centre”).

PKN ORLEN subsidiary, AB Mazeikiu Nafta (“Mazeikiu Nafta”) has acquired 10,000 shares with a par value of 1 LTL each (i.e. approximately PLN 1.06 based on the average LTL/PLN exchange rate as of 23 October 2007, as stated by the National Bank of Poland) in MN Health Centre (“ Acquired Shares“), which represents 100% of the authorized capital of MN Health Centre. The Acquired Shares grant Mazeikiu Nafta 100% of the votes at the General Meeting of Shareholders of MN Health Centre.

The book value of the Acquired Shares amounts to 10,000 LTL (i.e. PLN 10,591 based on the average LTL/PLN exchange rate as of 23 October 2007, as stated by the National Bank of Poland) as of 23 October 2007 in the Mazeikiu Nafta books.

The Acquired Shares have been paid for by Mazeikiu Nafta in the form of the cash contribution amounting to 10,000 LTL (i.e. PLN 10,591 based on the average LTL/PLN exchange rate as of 23 October 2007, as stated by the National Bank of Poland). AB Mazeikiu Nafta’s investment in the UAB Mazeikiu Nafta Health Care Centre is long-term in nature.

The primary purpose of MN Health Centre, being the health care institution rendering miscellaneous health care services, shall be to provide individual and public health care services, training services, perform analysis of working conditions for customers.

The Board of MN Health Centre consists of 3 members all of them being the employees of AB Mazeikiu Nafta. The Board of AB Mazeikiu Nafta consists of 6 persons: 5 of them are PKN ORLEN employees. The Supervisory Council of AB Mazeikiu Nafta consists of 9 persons: 5 of them are PKN ORLEN employees.

As of 30 September 2007, PKN ORLEN owned 89.90% of the votes at the General Meeting of Shareholders of AB Mazeikiu Nafta.

As the Acquired Shares represent 100% of the MN Health Centre initial capital, they are significant assets in accordance with par. 2 section 1 point 52 and section 5 of the Polish Regulation of the Minister of Finance dated 19 October 2005, on current and periodic information to be published by issuers of securities.