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Acquisition of Significant Financial Assets by LOTOS Jasło S.A.
Report no. 96/20052006-12-08

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.