With reference to Current Report No. 29 dated October 14th 2015, the Management Board of Grupa LOTOS S.A. (the “Company”) has been notified that the Director of the Tax Chamber in Gdańsk upheld the decision of the Director of the Tax Audit Office in Bydgoszcz (‘TAO’), in which the latter assessed the VAT payable by the Company for the period from January to December 2010, identifying VAT arrears of PLN 48.4m. The Company paid the arrears on September 30th 2015 and accrued late payment interest of PLN 28.3m.

The upholding of the TAO decision came in response to the appeal lodged by the Company with the Director of the Tax Chamber in Gdańsk on October 14th 2015.

The Company has the right to lodge a complaint against the decision of the Director of the Tax Chamber in Gdańsk with the Provincial Administrative Court of Gdańsk, within 30 days after being served with the decision.

The legal basis for the publication of this Current Report is Art. 56.1.1 of the Act on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organised Trading, and Public Companies, dated July 29th 2005