PKN ORLEN Supervisory Board has appointed four Members of the Company`s Management Board for the new term of office

Polski Koncern Naftowy ORLEN S.A. (“PKN ORLEN”, “Company”), announces that the Supervisory Board of PKN ORLEN, following its meeting on 28 May 2008, has appointed Mr. Slawomir Robert Jedrzejczyk, Mr. Wojciech Robert Kotlarek, Mr. Krystian Pater and Mr. Marek Serafin to the position of members of the Company’s Management Board, for the common three year term of office, starting from the day coming after the day of termination of the current common term of office of the Company’s Management Board.

Mr. Slawomir Robert Jedrzejczyk, age 39
EDUCATION
1995 – 1997 the Association of Chartered Certified Accountants, British expert auditor
1993 – 1994 the Foundation for Promotion of Entrepreurship, Post diploma economics training for managers
1987 – 1992 Lodz University of Technology, Telecommunications, Master degree in electronics

PROFESSIONAL CAREER
From 2005 – up until now Telekomunikacja Polska Group, TPEmiTel Sp. z o.o., President of the Management Board, General Director
2003 – 2005 Telekomunikacja Polska Group, Telekomunikacja Polska S.A., Controlling Director
2002 – 2003 ORFE Group, ORFE S.A., Financial Director, Cefarm Slaski S.A. (subsidiary of ORFE S.A.), Member of the Management Board
1997 – 2002 Impexmetal S.A., Member of the Management Board, Financial Director (till 1998 Deputy of Financial Director), Chairman and member of the supervisory boards of the Group companies in Poland, Europe, Singapore and the USA
1994 – 1997 Price Waterhouse, Audit and Business Consulting Department, Manager
1994 ASEA BROWN BOVERI, specialist
1992 – 1994 Telebud, telecommunication networks designer

He also finished the following trainings:
- Individual and team situation leadership – House of Skills
- Leadership and Commitment – France Telecom University
- Management Academy – Telekomunikacja Polska
- Competitive strategy and innovations - Micheal Reynor.

Mr. Wojciech Robert Kotlarek, age 46

EDUCATION
2001 - 2002 Warsaw School of Economics, Post diploma studies “Enterprise Value Management”
1997 – 1998 Warsaw School of Economics, Post diploma studies “Enterprise Management Strategy”
1982 – 1988 University of Science and Technology in Cracow, Faculty of Drilling and Crude Oil, Master degree of crude oil drilling

PROFESSIONAL CAREER
2006 – 2008 Petrolot Sp. z o.o., PKN ORLEN Capital Group, Vice President, Chief Operating Officer
1999 – 2006 PKN ORLEN, Director of Regional Wholesale Office
1992 – 1999 Neste Polska Sp. z o.o., Logistics Department Manager, Manager of Regional Branch in Bydgoszcz, Manager of Fuel Storage Depot in Bydgoszcz
1990 – 1992 Dora sp. j.v., Drilling Works Manager
1988 – 1990 Polskie Gornictwo Naftowe i Gazownictwo (PGNiG), Assistant of Drilling Rig Manager

Mr. Kotlarek was also a member of the supervisory boards of the companies: Huta Aluminium Konin, Miejskie Wodociagi i Kanalizacja in Bydgoszcz (municipal company).

He also finished the following training:
- Forum “Future Leaders” in Davos
- Transport Management, Logistics and Storage Institute in Poznan
- Logistic management of the company, Logistics and Storage Institute in Poznan
- Training for the members of supervisory boards of companies with the share of the State Treasury, the Centre of Human Resources Improvement of the Ministry of Industry and Commerce
- Drilling supervision, Supreme Degree, Regional Mining Authority in Cracow

Mr. Krystian Pater, age 44,

EDUCATION
2001-2002 Warsaw School of Economics, Post diploma studies “Enterprise Value Management”
1998 Training for candidates to the supervisory boards 1998 Warsaw School of Economics, Post diploma studies “Fuel Sector Management”
1997 Pawel Wlodkowic University College in Plock, Post diploma managerial studies for the management staff of Petrochemia Plock, Management and Marketing
1989 Warsaw University of Technology, Post diploma studies “Chemical engineering and equipment”
1982-1987 Nicolaus Copernicus University in Torun, Faculty of Chemistry March

2007 – up until now PKN ORLEN, Member of the Management Board, Production
2006-2007 PKN ORLEN, Executive Director, Refining Production
2003-2006 PKN ORLEN, General Engineer of Technology
1998-2003 PKN ORLEN, Manager of the Office of Production Director
1995-1998 Petrochemia Plock S.A., Technologist of Crude Processing Unit
1993-1995 Petrochemia Plock S.A., Technologist of Crude Distillation Unit II
1991-1993 Projects Office in Plock, Designer
1987-1991 Research and Development Centre for Refining Industry in Plock, Chemist Engineer

Mr. Pater held the following positions:
April 2007 – up until now Member of the Supervisory Board of Unipetrol as
April 2007 – up until now Member of the Supervisory Board of BOP Sp. z o.o.
2006 - up until now Member of the Management Board of Mazeikiu Nafta
2006 - up until now Chairman of the Supervisory Board of Paramo as
2006 - up until now Member of the Management Board of CONCAWE
2006 – March 2007 Chairman of the Supervisory Board of ORLEN EKO
2005 – March 2007 Chairman of the Supervisory Board of ORLEN Asfalt
May 2005 – March 2007 Member of the Management Board of Unipetrol Rafinerie as
May 2005 – March 2007 Member of the Management Board of Chemopetrol as
June 2005 – December 2006 Member of the Management Board of Paramo as
2004 – 2005 Member of the Supervisory Board of Rafineria Trzebinia S.A.
2001 – 2003 Chairman of the Supervisory Board of ORLEN Mechanika Sp. z o.o.
1999 – 2005 Chairman of the Sub-Commission of Fuels at the Polish Committee for Standardization
1999 – 2002 Member of the Supervisory Board of ORLEN Wir Sp. z o.o.

Mr. Marek Serafin, age 39

EDUCATION
1993 – 1994 Warsaw University of Technology, Business School
1988 – 1993 Poznan University of Technology, Faculty of Civil Engineering

PROFESSIONAL CAREER
From 2002 General Manager of ArcelorMittal Group, Managing Director – Management Board Member/ President of the Management Board of Huta Warszawa (Lucchini Group, from August 2005 Arcelor Group, next ArcelorMittal Group); at the same time President of the Management Board of Silscrap Sp. z o.o.
2001 – 2002 Huta Zawiercie S.A., General Director - President of the Management Board
1999 – 2001 Huta Aluminum Konin S.A., Operating Director
1998 – 1999 Lech Browary Wielkopolskie S.A. and Kompania Piwowarska S.A., Operating Planning Director
1994 – 1998 Arthur Andersen, Audit, Corporate Finance, Consultant, Experienced senior (project manager)

He also finished the following training:
- Strategic Leadership Academy
– Canadian Management Institute
- Management Development Program
– Johannesburg
- Training in supply chain management,
- Integrated Financial Management Program
– Euromoney London,
- Manufacturing Business Risk – Chicago,
- Corporate Finance – Chicago,
- Financial Projections and Valuations – Chicago.

All of the newly elected members of the PKN ORLEN Management Board have declared that upon joining the Management Board of PKN ORLEN they will not be involved in any activity that competes with PKN ORLEN; will not be a partner of any competing company; and will not be members of any board of a competing incorporated company. All of the newly elected members of the PKN ORLEN Management Board are not on the List of Insolvent Debtors kept on record on the National Court Register Act.

This announcement has been prepared pursuant to par. 5 section 1 subsection 22, and § 28 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).