logo

Significant Trilateral Agreement Concluded between Grupa LOTOS S.A., LOTOS Partner Sp. z o.o. and BP Polska Sp. z o.o.
Report no. 96/20052007-01-23

The Management Board of Grupa LOTOS S.A. hereby reports that on January 23rd 2007 Grupa LOTOS S.A., LOTOS Partner Sp. z o.o. (wholly-owned subsidiary of Grupa LOTOS S.A.) and BP Polska Sp. z o.o. signed a significant agreement concerning sale and delivery of liquid fuels to BP Polska Sp. z o.o. The agreement was concluded for a definite term (until December 31st 2007) and its value is estimated at PLN 1,000,000 thousand. The agreement provides for contractual penalties of up to PLN 22,000 thousand but does not contain any provisions excluding the right to seek additional compensation on general terms. The agreement is deemed significant as its value exceeds 10% of Grupa LOTOS S.A.’s equity. Legal basis for the publication of this report: Par. 5.1.3 of the Regulation of the Minister of Finance on current and periodic information to be published by issuers of securities, dated October 19th 2005.