Agreement concluded between ORLEN PetroCentrum and ORLEN PetroTank

Polski Koncern Naftowy ORLEN S.A. (“PKN ORLEN”) hereby informs that on 30 December 2009 ORLEN PetroCentrum Sp. z o.o. („ORLEN PetroCentrum”) signed two one-year agreements with ORLEN PetroTank Sp. z o.o. („ORLEN PetroTank”). The agreements were signed for the sale by ORLEN PetroCentrum of gasoline and diesel oil to ORLEN PetroTank for the period 1 January 2010 to 31 December 2010.
The total estimated net value of the agreements amounts to PLN 1 717 252 000.

Agreement with estimated net value of PLN 1 175 387 000 is the agreement with the highest amount from the agreements concluded between ORLEN PetroCentrum and ORLEN PetroTank on 30 December 2009.

PKN ORLEN owns 100% of the registered capital of ORLEN PetroCentrum and 100% of the registered capital of ORLEN PetroTank.

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 agreements constitute a “significant agreement” due to the fact that their total value exceeds 10% of PKN ORLEN’s equity.