PKN ORLEN Supervisory Board has dismissed Mr. Marek Serafin from the position of the Member of the PKN ORLEN Management Board

Polski Koncern Naftowy ORLEN S.A. (“PKN ORLEN”, “Company”) announces that the Supervisory Board of PKN ORLEN, during its meeting on 8 December 2011, has adopted a resolution in accordance to which Mr. Marek Serafin has been dismissed from the position of the Member of the PKN ORLEN Management Board.

At the same time the Company’s Supervisory Board has delegated with effective date on 9 December 2011, Member of the PKN ORLEN Supervisory Board, Mr. Piotr Wielowieyski, to act temporary as the Member of the Company’s Management Board, Petrochemical Operations.
Delegation is valid till the moment of appointment of the Member of PKN ORLEN Management Board, Petrochemical Operations, but no longer than three months, ie. not longer than by 9 March 2012.

Delegation is a result of removal of Mr. Marek Serafin from the position of the Member of the PKN ORLEN Management Board, Petrochemical Operations.