No. 118/2008  | 31-12-2008

PKN ORLEN has signed the agreement for sale of fuels with BP Polska

Polski Koncern Naftowy ORLEN S.A. (“PKN ORLEN”) hereby informs that on 31 December 2008 it signed a one-year agreement with BP Polska Sp. z o.o. (“BP Polska”). The agreement was signed for the sale by PKN ORLEN of gasoline and diesel oil to BP Polska for the period 1 January 2009 to 31 December 2009. The estimated net value of the agreement amounts to approximately PLN 2 770 848 117.

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 agreement signed by PKN ORLEN constitutes a “significant agreement” due to the fact that its value within the termination period exceeds 10% of PKN ORLEN’s equity.

See also: Regulatory announcement no 72/2007 dated 21 December 2007.