Convening of the Ordinary General Meeting of PKN ORLEN shareholders to be held on 6 June 2008

Polski Koncern Naftowy ORLEN Spolka Akcyjna ("PKN ORLEN", “Company”) in line with Article 399 §1 and Article 395 §1 and §2 of the Code of Commercial Companies and in line with §7 item 3 of the Company’s Articles of Association,in connection with the motion of PKN ORLEN Shareholder, The State Treasury, convenes the Ordinary General Meeting (“Meeting”) of PKN ORLEN, to be held on 6 June 2008, at 11.00 CET in Plock (Poland) at the following address: Dom Technika, ul. Kazimierza Wielkiego 41.

Agenda of the Ordinary General Meeting of Shareholders:
1. Opening
2. Election of the Chairman of the Meeting
3. Confirmation of the legality of the Meeting and ability to pass resolutions
4. Approval of the Agenda
5. Election of the Vote Counting Commission
6. Revision of the Management Board's Report on PKN ORLEN’s performance and the financial results of PKN ORLEN for the financial year 2007, with a motion concerning profit distribution for the financial year 2007.
7. Revision of the Management Board's Report on ORLEN’s Capital Group performance and the consolidated financial results of ORLEN’s Capital Group for the financial year 2007.
8. Revision of the Supervisory Board's Report fulfilling the requirements of the Code of Commercial Companies and Best Practice for Warsaw Stock Exchange Listed Companies.
9. Passing a resolution concerning approval of the Management Board's Report on PKN ORLEN's performance and financial statement for the financial year 2007.
10. Passing a resolution concerning approval of the Management Board's Report on ORLEN's Capital Group performance and the consolidated financial statements of ORLEN’s Capital Group for the financial year 2007.
11. Passing a resolution concerning the distribution of profits made by PKN ORLEN in 2007.
12. Passing resolutions concerning approval of the PKN ORLEN Management Board Members' performance in 2007.
13. Passing resolutions concerning approval of the PKN ORLEN Supervisory Board Members' performance in 2007.
14. Enlargement of the Supervisory Board composition.
15. Closure of the General Meeting of Shareholders.

PKN ORLEN hereby announces that in connection with Article 406 § 3 of the Code of Commercial Companies, participation in the Meeting is permitted on condition of submitting a certificate at the latest one week before the Meeting, which means by 29 May 2008, at the Company’s headquarters in Plock, Poland, 7 Chemikow St. (between 8:00 and 16:00 in the Legal Office – building 07, room 510). The certificates must state the number of shares owned, the number of votes and confirm that the shares will have been deposited in the account by the end of the Meeting.

Copies of the Management Board’s Report on PKN ORLEN’s performance and a report on the financial results of PKN ORLEN, together with a copy of the Supervisory Board’s Report and a copy of the Certified Auditor’s report, as well as copies of motions regarding the other issues on the Agenda, including the draft resolutions of the General Meeting, will be distributed at least 15 days before the Meeting at the Company’s headquarters in Plock, 7 Chemikow St., and in Warsaw, Chlodna 51 St. at the PKN ORLEN reception desk from 8 am till 4 pm.

The list of shareholders entitled to participate in the Meeting will be made available at the reception desk at the Company's headquarters in Plock, 7 Chemikow St. and in Warsaw, Chlodna 51 St. at the PKN ORLEN reception desk, for three business days before the Meeting. Registration of shareholders and distribution of voting cards will begin at 10.00 on the day of the Meeting.

The PKN ORLEN Management Board announces that detailed information regarding the Extraordinary General Meeting, as well as materials relating to the Meting, are available on the PKN ORLEN website: www.orlen.pl.

This announcement has been prepared pursuant to par. 39 section 1 subsection 1 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).