The Management Board of Grupa LOTOS S.A. reports that, in connection with an audit of the 2007 consolidated financial statements of the LOTOS Group, it was notified today of the final amount of operating profit which accounts for a recognition of the effects of financial instrument valuation different from their recognition as presented in the LOTOS Group’s financial statements for four quarters of 2007. Due to the different recognition, consolidated sales revenue of the LOTOS Group in 2007 decreases, while consolidated financial income increases, thus reducing operating profit of the LOTOS Group in 2007. The Management Board of Grupa LOTOS S.A. therefore revises its guidance for operating profit of the LOTOS Group in 2007 which was published in Current Report No. 46/2007 on November 12th 2007. The forecast published on November 12th 2007 projected consolidated operating profit of PLN 795m. The new estimate for the LOTOS Group’s consolidated financial result in 2007 assumes that operating profit in 2007 will be PLN 714m. Other assumptions which relate to the LOTOS Group’s operating figures and items of the consolidated income statement for 2007, which were published in Current Report No. 46/2007 on November 12th 2007, remain unchanged: Selected estimated operating figures of the LOTOS Group for 2007: Forecast crude oil production: 192.3 thousand tonnes Forecast crude oil throughput: 6,194 thousand tonnes Selected estimates for the consolidated income statement of the LOTOS Group prepared in accordance with the IFRS (PLNm): Sales revenue: 12,935 Pre-tax profit: 927 Net profit attributable to equity holders of the parent undertaking: 713 Basis and material assumptions adopted for the preparation of the 2007 forecast: Average annualised USD/PLN exchange rate: 2.78 Average annualised price of BRENT DTD crude oil (USD/bbl): 72.13 Average annualised URAL Rotterdam/ BRENT DTD differential (USD/bbl): 3.24 Average annualised price of Premium Unleaded CIF NWE High 95 gasoline (USD/t): 708.03 Average annualised price of 10 ppm NWE CIF High diesel oil (USD/t): 671.5 Assumed share of the LOTOS Group in the Polish fuel market: 25.9% The final review of performance against the 2007 forecasts will be included in the Consolidated Directors’ Report on the LOTOS Group’s Operations in 2007, to be published on May 8th 2008. Legal basis for the publication of this report: Par. 5.1.25 and Par. 31.2 of the of the Minister of Finance’s Regulation on current and periodic information to be published by issuers of securities, dated October 19th 2005.