ORLEN Deutschland signs wholesale contract with Shell Deutschland Oil

Polski Koncern Naftowy ORLEN S.A. (“PKN ORLEN”) announces that on 28 May 2008 ORLEN Deutschland AG signed a wholesale agreement with Shell Deutschland Oil GmbH, Hamburg for the sale of fuels to ORLEN Deutschland AG fuel stations in Germany. The agreement is binding for the period 1 January 2008 till 31 December 2008. The estimated value of the transaction amounts to approximately EUR 1 050 000 000, i.e. PLN 3 567 165 000 based on EUR/PLN average exchange rate as of 28 May 2008, stated by National Bank of Poland.

ORLEN Deutschland AG is wholly owned by PKN ORLEN.

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 above mentioned agreement constitutes “significant agreement” due to the fact that its value exceeds 10% of PKN ORLEN’s equity.