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PKN Chief Chalupec Comments on Completion of Unipetrol Purchase2005-01-21 11:40 (New York)Jan. 21 (Bloomberg) -- Igor Chalupec, chief executive of PKNOrlen SA, Poland's largest oil company, comments on thecompletion of the 13 billion-koruna ($558 million) purchase ofthe Czech government's stake in Unipetrol AS and related assets. The completion of the purchase was plagued by delays as PKNchanged management. The company is still in talks to get approvalof the transaction from the European Commission, the executivearm of the European Union. Chalupec made his comments by e-mail in response toquestions from Bloomberg News.On how much cooperation PKN is getting from Unipetrol management: ``We are pleased with the cooperation of Unipetrolmanagement. However, it must be stressed that a quick closing ofthe transaction is in the interest of our both companies and willrequire even more work.''On how the personnel changes in PKN's management affect thepurchase plan: ``We are strongly focused on completing the transaction. Iasked to prepare detailed analyses of this transaction to obtainall necessary information.''On mandatory buyout of shares from other shareholders: ``Financial situation of PKN is very good. Thus, we arefinancially prepared to buy between 63 percent and 100 percent ofthe shares.''On the final price: ``I don't want to speculate before we receive informationfrom the auditors. At the moment I don't have any specificinformation indicating'' any change in the price.On whether PKN expects to leave some of the Unipetrol stocktrading on the Prague Stock Exchange: ``It's too early to talk about it. We are consideringseveral options.''