Polski Koncern Naftowy ORLEN Spolka Akcyjna ("PKN ORLEN") hereby informs that on 16 June 2014 Fitch Ratings ("Agency") assigned an expected senior unsecured rating of "BBB-(EXP)" for planned by ORLEN Capital AB issue of Eurobonds. Eurobonds will be guaranteed by PKN ORLEN.

Eurobonds expected rating is at the same level as PKN ORLEN Issuer Default Rating (IDR) assigned by the Agency: "BBB-/stable outlook". It reflects the guarantee providing by PKN ORLEN as well as senior unsecured rating for PKN ORLEN bonds.

The Agency assignment of the final rating is contingent on the confirmation of final documentations conforming to information already reviewed.

PKN ORLEN owns 100% of the registered capital of ORLEN Capital AB.

See also: regulatory announcement no 320/2013 dated 30 August 2013 corrected on 19 September 2013.

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