The Management Board of Grupa LOTOS S.A. hereby reports that today it has been notified that LOTOS Jasło S.A. (80.01% controlled by Grupa LOTOS S.A.) acquired 9,866 shares, with a par value of PLN 500 per share, in the increased share capital of LOTOS Park Technologiczny Sp. z o.o. (a 38.4% controlled subsidiary of Grupa LOTOS S.A.) in exchange for a contribution in kind. The transaction between LOTOS Jasło S.A. and LOTOS Park Technologiczny Sp. z o.o. was concluded on December 6th 2006 by way of an agreement on the transfer of perpetual usufruct right to land, and ownership of buildings, structures, plant and equipment, with a total value of PLN 4,933 thousand, to LOTOS Park Technologiczny Sp. z o.o., in order to cover an increase in the share capital of LOTOS Park Technologiczny Sp. z o.o. to PLN 17,307 thousand. As a result of the transaction, LOTOS Jasło S.A. became the owner of 28.5% of shares in LOTOS Park Technologiczny Sp. z o.o. The transaction is a part of a programme designed to streamline the structure of the LOTOS Group and a restructuring programme for the Southern Refineries. The financial assets acquired of under the transaction are deemed significant financial assets as they represent over 20% of shares in LOTOS Park Technologiczny Sp. z o.o. Legal basis for the report: Par. 5.1.1 of Regulation of the Minister of Finance on current and periodic information to be published by issuers of securities, dated October 19th 2005.
Acquisition of Significant Financial Assets by LOTOS Jasło S.A.
Report no. 96/20052006-12-08