It is our pleasure to provide you with the volume containing the proceedings of the 5th International Conference on Parallel Processing and Applied Mathe— tics, which was held in Cz¸ eshowa, a Polish city famous for its Jasna Gora Monastery, on September 7–10, 2003. The first PPAM conference was held in 1994 and was organized by the Institute of Mathematics and Computer Science of the Cz¸ eshowa University of Technology in its hometown. The main idea behind the event was to provide a forum for researchers involved in applied and computational mathematics and parallel computing to exchange ideas in a relaxed atmosphere. Conference organizers hoped that this arrangement would result in cross—pollination and lead to successful research collaborations. In — dition, they hoped that the initially mostly Polish conference would grow into an international event. The fact that these assumptions were correct was proven by the growth of the event. While the first conference consisted of 41 presen— tions, the conference reached 150 participants in Na l¸ ecz´ ow in 2001. In this way the PPAM conference has become one of the premiere Polish conferences, and definitely the most important one in the area of parallel/distributed computing andappliedmathematics. This year’s meeting gathered almost 200 participants from 32 countries. A strict refereeing process resulted in the acceptance of approximately 150 cont— buted presentations, while the rejection rate was approximately 33%.