The Management Board of Grupa LOTOS S.A. hereby reports that on February 13th 2009 has received back the signed by both of the parties agreement, which was concluded on 1st February 2009 between Grupa LOTOS S.A. and TOTAL DEUTSCHLAND GmbH of Berlin. The above agreement is concerning purchase of liquid fuels by Grupa LOTOS S.A. from TOTAL DEUTSCHLAND GmbH.
The agreement was executed for a specified period from February 1st to December 31st 2009, and its estimated value is PLN 0.563bn.
The agreement does not contain provisions referring to contractual penalties, the parties may seek compensation for the damages in full before the Court of Justice in Berlin, according to the German Law which is the governing law for the agreement.
Other terms and conditions of the agreement do not differ from the terms and conditions commonly applied in agreements of such type.
The agreement is considered significant as its estimated value exceeds 10% of Grupa LOTOS S.A.’s equity.
The legal basis for the publication of this Current Report is Par. 5.1.3 of the Minister of Finance’s Regulation on current and periodic information to be published by issuers of securities, dated September 19th 2005.