The Management Board of Grupa LOTOS S.A. hereby reports that on June 25th 2009 the Supervisory Board of Grupa LOTOS S.A. adopted a resolution concerning the appointment of the Company’s Management Board of the common, seventh term beginning on July 1st 2009, composed of:

Mr Paweł Olechnowicz – President of the Management Board
Mr Marek Sokołowski – Vice-President of the Management Board
Mr Mariusz Machajewski – Vice-President of the Management Board
Mr Maciej Szozda - Vice-President of the Management Board

Mr Paweł Olechnowicz graduated from Cracow University of Technology (the Faculty of Technology and Mechanisation of Foundry Engineering), completed a post-graduate course in Organization, Economics and Industrial Management at Gdańsk University of Technology, MBA INSEAD, Fontainebleau, and attended many specialist courses in management, both in Poland and abroad. In 1977, Mr. Olechnowicz started has professional career in Zakłady Mechaniczne ‘Zamech’ in Elbląg (since 1990 ABB Zamech Sp. z o.o.). In 1990-1996, he was President of the Management Board and Director General of ABB Zamech Ltd. Subsequently, for two years, Mr. Olechnowicz worked at the headquarters of ABB Ltd Zurich in Switzerland as Vice- President for Central and Eastern Europe. In 1999-2000, Mr Olechnowicz was Vice-President and Deputy Director General of ZML Kęty S.A., and from 2001, managed his own consulting company: Paweł Olechnowicz-Consulting. Mr. Olechnowicz has served as the President of the Management Board of Grupa LOTOS S.A. since 12 March 2002. He manages and is responsible for all operations of the LOTOS Group S.A. He also serves as the Vice-President of the Board for Commerce and Vice-President of the Board for Upstream Activity until the appointment of new members of the Board.
Mr Paweł Olechnowicz is not entered in the Register of Insolvent Debtors maintained pursuant to the Act on the National Court Register and does not conduct any activities competitive in relation to Grupa LOTOS S.A. He is not a partner in any civil-law or other partnership competitive to Grupa LOTOS S.A. and does not sit on the governing bodies of any company or other legal person competitive in relation to Grupa LOTOS S.A.

Mr Marek Sokołowski graduated from Gdańsk University of Technology (the Faculty of Electrical Engineering), completed a post-graduate course in Industrial Investments and attended a number of specialist management courses in Poland and abroad. Mr. Sokołowski has worked at Rafineria Gdańska S.A. (currently Grupa LOTOS S.A.) since 1973. In 1990, Mr Sokołowski became the Technical Director and a Management Board member. For three consecutive terms in office, he was in charge of plant engineering at the refinery and execution of investment projects. Throughout 1996-2000, he managed the development and modernization plan of the Gdańsk refinery. In mid-2000, he was appointed Chief of Technical Services and the Company’s attorney. Mr. Sokołowski has served as the Vice-President of the Management Board of Grupa LOTOS S.A. since 19 April 2002. He manages, coordinates and supervises all issues of the Production Division, the Technical Division and the Development Division that is implementing the 10+ Programme and bears all the related responsibilities.
Mr Marek Sokolowski is not entered in the Register of Insolvent Debtors maintained pursuant to the Act on the National Court Register and does not conduct any activities competitive in relation to Grupa LOTOS S.A. He is not a partner in any civil-law or other partnership competitive to Grupa LOTOS S.A. and does not sit on the governing bodies of any company or other legal person competitive in relation to Grupa LOTOS S.A.

Mr Mariusz Machajewski is a graduate of the Faculty of Economics at the University of Gdańsk. Moreover, he attended a number of specialist training courses in management and economics in Poland and abroad. In 1994-1997, he worked at Stocznia Gdynia S.A. (Gdynia Shipyard). In 1997, he joined Rafineria Gdańska S.A. (currently Grupa LOTOS S.A.), and in 1999, he was placed in charge of managing the Company’s controlling functions. Since mid-2002, he has held the position of Economic-Finance Director. In the period from April 2005 to June 2006, he also served as the Company’s attorney. Mr. Machajewski has been the Vice-President of the Management Board of Grupa LOTOS S.A. since 19 June 2006. He manages and bears the responsibility for all economic, financial and accounting issues of the Company.
Mr Mariusz Machajewski is not entered in the Register of Insolvent Debtors maintained pursuant to the Act on the National Court Register and does not conduct any activities competitive in relation to Grupa LOTOS S.A. He is not a partner in any civil-law or other partnership competitive to Grupa LOTOS S.A. and does not sit on the governing bodies of any company or other legal person competitive in relation to Grupa LOTOS S.A.

The legal basis for the publication of this report is Par. 5.1.22 of the Regulation of the Minister of Finance concerning current and periodic information to be published by issuers of securities and the conditions for recognition as equivalent of the information