PKN ORLEN`s subsidiary - Anwil - has purchased bonds issued by PKN ORLEN

Polski Koncern Naftowy ORLEN S.A. ("PKN ORLEN") hereby announces that on 13 May 2008 its subsidiary, Zakłady Azotowe Anwil SA („Anwil”), purchased on the secondary market 100 bonds issued by PKN ORLEN, with a par value per bond amounting to 100,000 PLN (“Bonds”).

The unit price of the Bond amounted to 99,750.60 PLN. The redemption of the bonds will take place on 28 May 2008 at their nominal value.

The yield on the bonds is based on market conditions.

The Bonds were purchased by Anwil in order to manage its short term liquidity.

The Bonds were issued in compliance with the Law on Bonds dated 29 June 1995 (unified text: Journal of Laws, 2001 No 120, point 1300 with subsequent changes) in Polish zlotys, as bearer, dematerialized, unsecured, and zero-coupon securities.

PKN ORLEN owns 84,79% of the registered capital of Anwil.

See also: regulatory announcement no 75/2006 dated 27 November 2006.

This announcement has been prepared pursuant to par. 5 section 1 subsection 6, and § 12 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).