PKN ORLEN Supervisory Board has suspended Mr. Piotr Kownacki from the activities of the President and Chief Executive Officer of the PKN ORLEN Management Board

Polski Koncern Naftowy ORLEN S.A. (“PKN ORLEN”, “Company”) announces that the Supervisory Board of PKN ORLEN, during its meeting on 28 February 2008, has adopted a resolution in accordance to which Mr. Piotr Kownacki has been suspended, for the indefinite period, from the activities of the President and Chief Executive Officer of the PKN ORLEN Management Board, with the following justification:

“The Supervisory Board has made the decision due to the fact that the President took actions individually, without agreement with the Company’s Management Board, which were leading to significant worsening of the Company’s image. These actions include statements of political character, pulling the Company into current political disputes, as well as unjustified discrediting the Supervisory Board. The Supervisory Board hopes that the period of the President suspension will favor the hushing up emotions and rebuilding the atmosphere of the common, non-political operation for the Company’s good.”

At the same meeting the Company’s Supervisory Board has passed the resolution that for the period of the President Mr. Piotr Kownacki suspension, the authority of the President of the PKN ORLEN Management Board is taken over by the Vice President Mr. Wojciech Heydel.