Polski Koncern Naftowy ORLEN S.A. ('PKN ORLEN') hereby informs that within ORLEN Capital Group there was concluded agreement with company from Glencore group. The total estimated value of agreements signed between ORLEN Capital Group and companies from the Glencore group in the period from 11 November 2015 to 30 May 2016 amounts to approximately PLN 1,79 billion. The agreements between ORLEN Capital Group and companies from the Glencore group were concluded for the purchase of crude oil.

Agreement dated 21 April 2016 is the agreement with the highest value from among all agreements concluded between ORLEN Capital Group and Glencore group in the period from 11 November 2015 to 30 May 2016. The estimated value of the agreement amounts to approximately PLN 121 million. The agreement was signed between PKN ORLEN and Glencore Energy UK Ltd. 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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PKN Orlen SA published this content on 30 May 2016 and is solely responsible for the information contained herein.
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Original documenthttp://www.orlen.pl/EN/InvestorRelations/RegulatoryAnnouncements/Pages/Regulatory-announcement-no-1372016.aspx

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