POLSKI KONCERN NAFTOWY ORLEN SA Acquisition agreement regarding Canadian upstream entity - Birchill Exploration Limited Partnership

Polski Koncern Naftowy ORLEN Spolka Akcyjna ("PKN ORLEN") informs that on 7 May 2014 TriOil Resources Ltd. ("TriOil") signed an acquisition agreement (the "Acquisition Agreement") with Bregal - Birchill Investments S.A.R.L., headquartered in Luxembourg ("Bregal - Birchill"). Under the Acquisition Agreement, TriOil will acquire all of the outstanding units ("Units") of Canadian upstream entity Birchill Exploration Limited Partnership ("Birchill") by acquisition of 100% of the shares, held by Bregal - Birchill, of the companies which currently own such Units.Birchill is based in Calgary, limited partnership engaged in the exploration, development and production of petroleum and natural gas in Alberta, Canada.In PKN ORLEN's opinion, completion of the transaction will double ORLEN Capital Group's oil and natural gas reserves base in Canada.The closing of the transaction is planned in the second quarter of 2014 and is conditional upon, among others, obtaining the merger clearance of antimonopoly authority in Canada (Competition Bureau). Further details of the transaction will be provided after transaction closing.PKN ORLEN owns 100% of the registered capital of ORLEN Upstream Sp. z o.o. ORLEN Upstream Sp. z o.o. owns 100% of the registered capital of ORLEN Upstream International B.V. ORLEN Upstream International B.V. owns 100% of the outstanding share capital of TriOil.

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