Pursuant to Par. 5.1.21 of the Regulation of the Minister of Finance on current and periodic information to be published by issuers of securities of October 19th 2005 (Dz.U. No. 209 of 2005, item 1744), the Management Board of Grupa LOTOS SA hereby reports that by virtue of resolutions adopted by the Extraordinary General Shareholders Meeting of Grupa LOTOS SA on January 30th 2006 the following persons were removed from the Company’s Supervisory Board: 1. Cezary Nowosad – Chairman 2. Janusz Rachoń – Deputy Chairman 3. Katarzyna Dawidczyk – Secretary 4. Grzegorz Urban – Member 5. Anna Andrzejczak – Member 6. Piotr Krupa – Member 7. Robert Karwowski – Member Pursuant to Par. 5.1.22 of the Regulation of the Minister of Finance on current and periodic information to be published by issuers of securities of October 19th 2005 (Dz.U. No. 209 of 2005, item 1744), the Management Board of Grupa LOTOS SA also reports that by virtue of resolutions adopted by the Extraordinary General Shareholders Meeting of Grupa LOTOS SA on January 30th 2006 the following persons were appointed to the Supervisory Board: 1. Jan Szomburg – Chairman 2. Jacek Tarnowski – Member 3. Henryk Siodmok – Member 4. Jan Stefanowicz – Member 5. Grzegorz Szczodrowski – Member The newly appointed members of the Supervisory Board are not entered in the Register of Insolvent Debtors maintained pursuant to the National Court Register Act, nor do they conduct – outside of Grupa LOTOS SA – any activity competitive to the Company’s business. The responsibilities of the newly appointed members will be determined at the first meeting of the new Supervisory Board. Information on the qualifications and professional experience of the new members of the Supervisory Board, along with a description of their professional career, will be published as an annex to this report promptly when provided to the Company. Pursuant to Par. 39.1.4 of the Regulation of the Minister of Finance on current and periodic information to be published by issuers of securities of October 19th 2005 (Dz.U. No. 209 of 2005, item 1744), the Management Board of Grupa LOTOS SA also reports that the Extraordinary General Shareholders Meeting of Grupa LOTOS SA commenced at 12am on January 30th 2006 and was held with a break which ended at 4.15pm on the same day.