ORLEN Deutschland has signed the agreement with BP Europe

Polski Koncern Naftowy ORLEN S.A. (“PKN ORLEN”) hereby informs that on 4 June 2013 ORLEN Deutschland GmbH, PKN ORLEN’s subsidiary (“ORLEN Deutschland”) signed an agreement with BP Europe SE, member of the BP group (“BP Europe”). The agreement was signed for the sale of fuels to ORLEN Deutschland fuel stations in Germany, for the period from 1 January 2013 to 31 December 2013. The total estimated net value of the agreement amounts to EUR 1 400 m (i.e. approximately PLN 5 953 m based on EUR/PLN average exchange rate as of 4 June 2013, stated by the National Bank of Poland).

The total estimated value of agreements signed between PKN ORLEN and PKN ORLEN subsidiaries (“ORLEN Capital Group”) and companies from BP group in the period between 9 January 2013 and 4 June 2013 amounts to approximately PLN 6 836 million. The agreements between ORLEN Capital Group and companies from BP group were concluded for the purchase and sales of products.

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.