PKN ORLEN Management Board proposal regarding distribution of the Company’s profit for 2011

Polski Koncern Naftowy ORLEN Spolka Akcyjna ("PKN ORLEN", “Company”) hereby informs that in the PKN ORLEN Unconsolidated Financial Statement for 2011, published on 29 March 2012, the Management Board presented a proposal to allocate the whole PKN ORLEN net profit in the amount of PLN 1 386 165 827.51 to the Company’s supplementary capital.