Summary of PKN ORLEN Series B bond offer

Polski Koncern Naftowy ORLEN Spolka Akcyjna ("PKN ORLEN") hereby informs about the results of series B 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 3 June 2013 (included) to 12 June 2013 (included). The offer was not divided into tranches. The allocation of the Bonds was made on 17 June 2013.

During the subscription period 2 026 Investors made subscriptions on  2 097 693 Bonds. PKN ORLEN allocated 2 000 000 Bonds to 2 020 Investors. In accordance with the provisions of prospectus PKN ORLEN reduced subscriptions made from 11 June 2013 to 12 June 2013. The average reduction rate amounted to 30,33%. The investors, who made subscriptions before 11 June 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 100,10 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 200 057 745.40.

Information regarding costs of Series B bonds issue PKN ORLEN published in regulatory announcement no 221/2013 dated 14 June 2013.

See also: regulatory announcement no 221/2013 dated 14 June 2013.