POLSKI KONCERN NAFTOWY ORLEN SA Agreements between PKN ORLEN and Mercuria Energy Trading S.A.

Polski Koncern Naftowy ORLEN S.A. ("PKN ORLEN") informs that on 28 July 2014 it signed a spot agreement with Mercuria Energy Trading S.A., Geneva, Switzerland ("Mercuria") for crude oil deliveries to PKN ORLEN.The total estimated value of agreements signed between PKN ORLEN and Mercuria in the period between 18 September 2013 and 28 July 2014 amounts to approximately PLN 2 326 million. The agreements between PKN ORLEN and Mercuria were concluded for the purchase of natural gas and crude oil.Agreement dated 21 February 2014 is the agreement with the highest amount from among all agreements concluded between PKN ORLEN and Mercuria in the period between 18 September 2013 and 28 July 2014. The estimated value of the agreement amounts to approximately USD 116 million (i.e. approximately PLN 352 million, based on the average PLN/USD exchange rate as of 21 February 2014, as stated by the National Bank of Poland). The agreement was concluded for crude oil deliveries to PKN ORLEN.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.

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