Liquidation proceedings with respect to subsidiary
Report no. 5/20142014-04-11

The Management Board of Grupa LOTOS S.A. announces that liquidation proceedings with respect to LOTOS Park Technologiczny Sp. z o.o., opened by virtue of a decision of April 11th 2014, were registered under the relevant entry in the business register maintained by the District Court of Rzeszów, 12th Commercial Division of the National Court Register. The company’s liquidator is Mr Łukasz Jagodziński. Grupa LOTOS S.A. holds 100% of the shares in LOTOS Park Technologiczny Sp. z o.o., which is wholly-controlled by Grupa LOTOS S.A. The liquidation proceedings were opened to achieve one of the objectives of the Efficiency and Growth programme, which is to streamline the structure of the LOTOS Group.

2009 marked the completion of restructuring processes at LOTOS Park Technologiczny Sp. z o.o., covering the company’s assets and employees. As a result, the company’s operating activities were terminated. To date, LOTOS Park Technologiczny Sp. z o.o. has not resumed operations. As at December 31st 2013, total assets of LOTOS Park Technologiczny Sp. z o.o. amounted to approximately PLN 300 thousand.

The legal basis for the publication of this Current Report is Par. 5.1.24 of the Minister of Finance’s Regulation on current and periodic information to be published by issuers of securities and conditions for recognition as equivalent of information whose disclosure is required under the laws of a non-member state, dated February 19th 2009.