Annex to the Agreement between Rafineria Trzebinia and PGNiG

Polski Koncern Naftowy ORLEN S.A. (“PKN ORLEN”) announces that on 21 December 2009 Rafineria Trzebinia S.A. (“Rafineria Trzebinia”) and Polskie Gornictwo Naftowe i Gazownictwo S.A.(„PGNiG”) signed an annex to the agreement dated 15 May 2008 for crude oil deliveries from PGNiG to Rafineria Trzebinia (“Agreement”).

The Annex causes extending of termination of the Agreement for an indefinite period. The estimated net value of the Agreement for the period of 5 years, after signing today Annex, amounts to approximately 2.4 bn PLN. The Annex will be valid from 1 January 2010.

The Agreement refers to sale and rail delivery of crude oil to Rafineria Trzebinia. The price of crude oil will be based on Brent Dated quotation.

PKN ORLEN owns 77,2% shares in Rafineria Trzebinia.

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, after signing today Annex, constitutes a “significant agreement” due to the fact that its value exceeds 10% of PKN ORLEN’s equity.