The Management Board of Grupa LOTOS S.A. hereby reports that on March 6th 2006, a significant trilateral agreement was concluded between ConocoPhillips Poland Sp. z o.o., LOTOS Partner Sp. z o.o. (a wholly-owned subsidiary of Grupa LOTOS S.A.) and Grupa LOTOS S.A. on sale and delivery of liquid fuels to ConocoPhilips Poland Sp. z o.o. The estimated value of the agreement, concluded for a definite period until December 31st 2006, amounts to PLN 1,000,000 thousand. The maximum amount of contractual penalties is estimated at PLN 25,000 thousand. However, the agreement does not contain any provisions excluding the right to claim additional compensation in excess of the contractual penalty amount on general terms. The terms of the agreement do not differ from standard market terms. The agreement is deemed significant as its value represents more than 10% of the equity of Grupa LOTOS S.A. Legal basis for the publication of this report: Par. 5.1.3 of the Minister of Finance’s Regulation on current and interim information to be published by issuers of securities, dated October 19th 2005.