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Registration of Share Capital Increase at LOTOS Biopaliwa Sp. z o.o.
Report no. 96/20052006-07-17

The Management Board of Grupa LOTOS S.A. reports that today it was notified that on May 10th 2006 the District Court for Katowice, Commercial Division of the National Court Register, registered a share capital increase up to PLN 10,000 thousand at LOTOS Biopaliwa Sp. z o.o. Following the increase, the company’s share capital is divided into 20,000 shares with a value of PLN 500 per share, carrying the right to 20,000 votes. LOTOS Biopaliwa Sp. z o.o.‘s sole shareholder is LOTOS Czechowice S.A. The shares acquired in the increased share capital of LOTOS Biopaliwa Sp. z o.o. were fully paid up with cash. The capital structure of LOTOS Biopaliwa Sp. z o.o. was changed with a view to constructing a unit for the production of fatty acid esters. The project will be carried out with the use of the CD Process (Connemann Diesel) technology and licence. After the unit is placed in service, LOTOS Czechowice will produce 100 thousand tonnes of top quality biocomponent annually. The project’s value is estimated at ca. PLN 71m. LOTOS Biopaliwa Sp. z o.o. is a wholly-owned subsidiary of LOTOS Czechowice S.A., in which Grupa LOTOS S.A. holds an 80.04% equity interest. Legal basis for publication of this report: Par. 5.1.9 of the Regulation of the Minister of Finance on current and periodic information to be published by issuers of securities, dated October 19th 2005.