PKN ORLEN signed with ANWIM S.A. the agreement on sale of fuels.

Polski Koncern Naftowy ORLEN S.A. (“PKN ORLEN”) hereby informs that on 20 December 2007, it signed a one-year agreement with ANWIM S.A., with the total net value amounting to approximately PLN 984,220,000 (brut value: PLN 1,200,748,400).

The above mentioned agreement was signed for the sale of gasoline and diesel oil by PKN ORLEN to ANWIM S.A. for the period 1 January 2008 to 31 December 2008.

Moreover, on 28 December 2006, PKN ORLEN has concluded with ANWIM Sp. z o.o. (present name is ANWIM S.A.) an agreement for the sale of gasoline and diesel oil in year 2007 with the total net value amounting to approximately PLN 769,488,773 (brut value: PLN 938,776,303).

The total net estimated value of all of the agreements concluded by PKN ORLEN and ANWIM S.A. within the last twelve months amounts to PLN 1,753,708,773 (brut value: PLN 2,139,524,703).

In accordance with the “Regulation of the Minister of Finance dated 19 October 2005 on current and periodic information to be published by the issuers of securities”, the agreements signed by PKN ORLEN and ANWIM S.A. constitutes a “significant agreements” due to the fact that their total value within the termination period exceeds 10% of PKN ORLEN’s equity.

This announcement has been prepared pursuant to par. 5 section 1 subsection 3 and § 9 of the Regulation of the Minister of Finance dated 19 October, 2005 on current and periodic information to be published by issuers of securities (Journal of Laws No. 209, item 1744).