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Engineering, Procurement and Construction Contract for Crude Distillation Unit Signed as Part of the Comprehensive Technical Upgrade Programme
Report no. 96/20052007-07-19

The Management Board of Grupa LOTOS S.A. hereby reports that on July 19th 2007 Grupa LOTOS S.A. and Lurgi S.A. of Kraków signed an Engineering, Procurement and Construction Contract for the construction of crude distillation unit. It will be the second unit of this type at Grupa LOTOS S.A.’s refinery in Gdańsk. Its annual capacity will be 4.5m tonnes of crude, which will make it possible to increase the crude throughput at Grupa LOTOS S.A. to 10.5m tonnes annually, or by approx. 75%. Thanks to the new unit the Company will be able to improve the supply of fuels to the domestic market. The contract implementation will finish in the second half of 2009. The contract is a part of the Comprehensive Technical Upgrade Programme, whose purpose is to increase the processing capacity of Grupa LOTOS S.A.’s refinery in Gdańsk and the conversion ratio. As part of the Programme, Lurgi S.A. of Kraków (member of the Lurgi AG Group) is also implementing a turn-key contract for the construction of a hydrogen generation unit, signed on June 28th 2007. Legal basis for the publication of this report: art. 56.1.1 of the Public Offering Act – Inside Information