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SPOT Contracts between Grupa LOTOS S.A. and J&S Service & Investment Ltd. – a Significant Agreement
Report no. 96/20052007-12-04

The Management Board of Grupa LOTOS S.A. hereby reports that the aggregate value of the contracts concluded between Grupa LOTOS S.A. and J&S Service & Investment Ltd. over the past 12 months amounts to PLN 637,392 thousand, and thus has exceeded 10% of Grupa LOTOS S.A.’s equity. The largest of the contracts in terms of value is the SPOT contract for the delivery of Rebco crude concluded on June 14th 2007; its value is PLN 197,771 thousand. The contract contains no provisions on contractual penalties and its terms do not differ from the terms commonly applied in contracts of this type. Legal basis for the publication of this report: Par. 5.1.3 of the Regulation of the Minister of Finance on current and periodic information to be published by issuers of securities, dated October 19th 2005