Summary of PKN ORLEN Series A bond offer

Polski Koncern Naftowy ORLEN Spolka Akcyjna ("PKN ORLEN") hereby informs about the results of series A bonds offer (“Bonds”), issued within the public bond issue programme, included in the prospectus approved by the Polish Financial Supervision Authority on 24 May 2013.

The subscriptions of 2 000 000 offered Bonds were conducted from 28 May 2013 (included) to 31 May 2013 (included). The offer was not divided into tranches. The allocation of the Bonds was made on 4 June 2013.

During the subscription period 618 Investors made subscriptions on  2 253 280 Bonds. PKN ORLEN allocated 2 000 000 Bonds to 613 Investors. In accordance with the provisions of prospectus PKN ORLEN reduced subscriptions made from 29 May 2013 to 31 May 2013. The average reduction rate amounted to 40,90%. The investors, who made subscriptions before 29 May 2013, will receive the Bonds in the number resulting from their subscription.

The Bonds were acquired at issue price amounted from PLN 100,00 to PLN 100,03 depending on the day of subscription.

No underwriting agreement was signed by PKN ORLEN in connection with the offer of the Bonds.

The value of issue, defined as the number of Bonds which were offered multiplied by the issue price, amounted to PLN 200 005 048,00.

Due to the lack of final settlement of the issue costs to the day of this report, PKN ORLEN will prepare and will publish regulatory announcement with issue costs, including the costs by type, after receiving and acceptance of all invoices from entities involved in preparing and conducting the offer, no later that in the time required to publish the regulatory announcement with this information.

PKN ORLEN costs related to the Bonds offer will be charged to PKN ORLEN operating costs.