PKN ORLEN Management Board proposal regarding dividend payment in 2015 and coverage of PKN ORLEN net loss for 2014

Polski Koncern Naftowy ORLEN S.A. ("PKN ORLEN", “Company”) hereby informs that PKN ORLEN Management Board decided to recommend to the Ordinary General Meeting to allocate of the amount of PLN 705 719 950,65 for dividend payment (PLN 1,65 per share).The dividend will be paid from the Company’s supplementary capital from the retained earnings. PKN ORLEN Management Board proposes 16 June 2015 as the dividend day and 8 July 2015 as the dividend payment date.

In addition, the Management Board recommends to cover the net loss for financial year 2014 in the amount of PLN 4 671 826 145,06 with supplementary capital of the Company.

The Management Board recommendation will be presented to PKN ORLEN Ordinary General Meeting, which will make the final decision about these issues.