Agreement between AB ORLEN Lietuva and LEMWIG

Polski Koncern Naftowy ORLEN S.A. (“PKN ORLEN”) announces that on 16 December 2009 AB ORLEN Lietuva and LEMWIG, headquartered in Geneva („LEMWIG”) signed two annual agreements for sales of diesel and heavy heating oil by sea.

Under the terms of the first agreement AB ORLEN Lietuva will sell diesel to LEMWIG in 2010 (“agreement on the sale of diesel”).

Under the terms of the second agreement AB ORLEN Lietuva will sell heavy heating oil to LEMWIG in 2010 (“agreement on the sale of heavy heating oil”).

The estimated net value of the agreement for the sale of diesel amounts to approximately USD 590 million (i.e. PLN 1 705 million based on the average USD/PLN exchange rate as of 16 December 2009, stated by National Bank of Poland).

The estimated net value of the agreement for the sale of heavy heating oil amounts to approximately USD 134 million (i.e. PLN 387 million based on the average USD/PLN exchange rate as of 16 December 2009, stated by National Bank of Poland).

The total estimated net value of the above mentioned agreements amounts to approximately USD 724 million (i.e. PLN 2 092 million based on the average USD/PLN exchange rate as of 16 December 2009, stated by National Bank of Poland).

PKN ORLEN owns 100% shares in AB ORLEN Lietuva.

In accordance with the “Regulation of the Minister of Finance dated 19 February 2009 on current and periodic information to be published by issuers of securities and on the conditions under which such information may be recognized as being equivalent to information required by the regulations of law of a state which is not a member state” the abovementioned agreement constitutes a “significant agreement” due to the fact that its value exceeds 10% of PKN ORLEN’s equity.