The Management Board of Grupa LOTOS S.A. (the “Company”) announces that on 7 November 2014 the Polish Financial Supervision Authority approved the Company’s prospectus prepared for the purposes of a public offering of up to 55,000,000 series D ordinary bearer shares with a nominal value of PLN 1.00 each, and of seeking the admission to trading and the listing of 129,873,362 series D subscription rights, up to 55,000,000 rights to series D shares and up to 55,000,000 series D ordinary bearer shares on the main market of the Warsaw Stock Exchange.

The Company’s prospectus will be released to the public in electronic form on the  website of Company (www.lotos.pl) and, additionally, on the website of Dom Maklerski PKO Banku Polskiego (www.dm.pkobp.pl).

This current report is being released pursuant to Article 56 Section 1 Clause 1 of the Act of 29 July 2005 on public offering and on conditions of introducing of financial instruments to an organized trading system and on public companies (consolidated text: Dz. U. of 2013, item 1382).

Legal notice:

Not for release, publication or distribution, directly or indirectly, in or into the United States of America, Australia, Canada or Japan.

This communication is for informational and promotional purposes only and under no circumstances shall constitute an offer or invitation to make an offer, or form the basis for a decision, to invest in the securities of Grupa LOTOS S.A. (the “Company”). The prospectus which was prepared in connection with the offering of the Company’s shares (the “Shares”) subject to pre-emptive rights (the “Prospectus”) and approved by the Polish Financial Supervision Authority, is the sole legally binding document containing information about the Company and the offering of its Shares in Poland. The Prospectus will be made available in an electronic format on the website of the Company (www.lotos.pl) and, additionally, for information purposes, on the website of Powszechna Kasa Oszczędności Bank Polski S.A. Oddział – Dom Maklerski PKO Banku Polskiego w Warszawie (www.dm.pkobp.pl).

This communication does not constitute a recommendation within the meaning of the Regulation of the Polish Minister of Finance Regarding Information Constituting Recommendations Concerning Financial Instruments or Issuers Thereof dated 19 October 2005.

This communication (and the information contained herein) does not contain or constitute an offer of securities for sale, or solicitation of an offer to purchase securities, in the United States, Australia, Canada or Japan, or any other jurisdiction. The securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold in the United States of America, unless registered under the Securities Act or unless an exemption from the registration requirements set forth in the Securities Act applies to them. No public offering of the securities will be made in the United States of America.

Neither the Company nor any of its subsidiaries or any other related entities shall be held accountable for any damage resulting from the use of this communication or a part thereof, or its contents or in any other manner in connection with this communication.