Agreement between PKN ORLEN and OW Supply&Trading A/S

Polski Koncern Naftowy ORLEN S.A. (“PKN ORLEN”) announces that on 6 June 2012 an agreement has been signed between PKN ORLEN and OW Supply&Trading A/S, headquartered in Noerresundby 9400, Stigsborgvej 60, Denmark („OW Supply&Trading A/S”), company belonging to the WRIST group. On the base of the agreement PKN ORLEN will deliver to OW Supply&Trading A/S heavy heating oil in the period between 17 May 2012 and 17 June 2012. The estimated net value of the agreement in the whole contractual period amounts to PLN 195 m.

The total value of agreements signed between PKN ORLEN and companies from the WRIST group during the last 12 months amounts to approximately PLN 2 390 m.

The total value of agreements signed between PKN ORLEN subsidiaries and companies from the WRIST group during the last 12 months amounts to approximately PLN 182 m.

The agreements between PKN ORLEN and PKN ORLEN subsidiaries and companies from the WRIST group were concluded for the sales and purchase of crude oil products.

Agreement dated 24 August 2011 is the agreement with the highest amount from among all agreements mentioned above. The estimated value of the agreement amounts to approximately PLN 246 m. The agreement was concluded between PKN ORLEN and OW Supply&Trading A/S and concerns heavy heating oil sales.

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.