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

Polski Koncern Naftowy ORLEN S.A. (“PKN ORLEN”) hereby informs that on 31 December 2009 it signed two one-year agreements with BP Polska S.A. (“BP Polska”). The agreements were signed for the sale by PKN ORLEN of gasoline and diesel oil to BP Polska for the period 1 January 2010 to 31 December 2010. The total estimated net value of the agreements amounts to PLN 4 025 634 800.

The total estimated value of agreements signed between PKN ORLEN and BP Polska during the last 12 months amounts to approximately PLN 4 519 846 975.

Agreement dated 31 December 2009 is the agreement with the highest amount from among all agreements concluded between PKN ORLEN S.A. and BP Polska during the last 12 months. The estimated value of the agreement amounts to approximately PLN 3 774 084 800.

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.