Anwil has disposed of its shares in AGRO - AZOTY II WLOCLAWEK

Polski Koncern Naftowy ORLEN S.A. ("PKN ORLEN") informs that on 8 January 2008 its subsidiary, Zaklady Azotowe Anwil, a joint stock company headquartered in Wloclawek, Poland (“Anwil”), as seller, and two individuals: Mr. Slawomir Stronikowski and Mr. Arkadiusz Talarek, as purchasers (“Purchasers”), signed an agreement (“Agreement”) regarding the sale of shares in Przedsiebiorstwo Rolne AGRO - AZOTY II WLOCLAWEK Spolka z ograniczona odpowiedzialnoscia, headquartered in Laka, Poland (“AGRO - AZOTY II WLOCLAWEK”).

As a result of signing the Agreement Anwil has sold to the Purchasers 8 830 shares in AGRO - AZOTY II WLOCLAWEK (“Disposed Shares”) with a nominal value of PLN 100 for each share and a total nominal value of PLN 883 000. The Disposed Shares represent 100% of the registered capital of AGRO - AZOTY II WLOCLAWEK, and 100% of the votes at the Shareholders’ General Meeting of AGRO - AZOTY II WLOCLAWEK. The purchase price for the Disposed Shares amounts to PLN 649 888. The book value of the Disposed Shares in Anwil’s books amounts to PLN 507 444.88 as of the day of signing the agreement. As a result of the disposal, Anwil no longer owns shares in the registered capital of AGRO - AZOTY II WLOCLAWEK.
The payment for the Shares was made on the day of signing the Agreement. The Disposed Shares in AGRO - AZOTY II WLOCLAWEK were transferred to the Purchasers at the moment of payment and on the date of signing the agreement.

The main business activities of AGRO - AZOTY II WLOCLAWEK are husbandry connected with the farming of animals, services related to the processing and preservation of vegetables and fruit, and the production of ethyl alcohol. AGRO - AZOTY II WLOCLAWEK also deals with husbandry services.

Except in respect to the execution of the Agreement referred to above, and apart from normal business relations, no other relationship exists between PKN ORLEN, PKN ORLEN’s managing or supervisory persons, and the Purchasers.

PKN ORLEN owns approximately 84.49% of the registered capital of Anwil and 84.49% of the total number of votes at the Shareholders’ General Meeting of Anwil.

As the Disposed Shares represent 100% of the registered capital of AGRO - AZOTY II WLOCLAWEK, 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.

Simultaneously with the sale of Shares, Anwil sold to the Purchasers grounds, buildings and tangible assets, which had been leased by AGRO - AZOTY II WLOCLAWEK, for a total price of PLN 4 840 748.04.