PKN ORLEN S.A. ('Company') informs that in the PKN ORLEN unconsolidated statement of profit or loss in the financial statement for the fourth quarter 2017 predicts reversal of impairment of ORLEN Lietuva shares in the estimated amount of ca. PLN 0,8 bn.

The estimated amount of reversal of impairment results mainly from better than planned ORLEN Lietuva results on operations. The estimated amount will be subject of audit of PKN ORLEN annual financial statements and it may be changed.

The abovementioned impairment does not influence consolidated financial statements of ORLEN Capital Group for the fourth quarter 2017.

PKN ORLEN will publish the consolidated report for the fourth quarter 2017 and unconsolidated quarterly financial information, on 25 January 2018.

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PKN Orlen SA published this content on 17 January 2018 and is solely responsible for the information contained herein.
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