Assimilation of 7,020 Shares of Grupa LOTOS S.A. by the NDS
Report no. 23/20142014-10-21

In reference to Grupa LOTOS S.A.’s Current Report No. 22/2014 of 17 October 2014, the Management Board of Grupa LOTOS S.A. hereby reports that the Management Board of the Polish National Depository for Securities (Krajowy Depozyt Papierów Wartościowych S.A.) (the “NDS”) by virtue of Resolution No. 884/14 of 20 October 2014, decided to assimilate, on 24 October 2014, 7,020 (seven thousand twenty) ordinary bearer shares of Grupa LOTOS S.A., created through a conversion of 7,020 ordinary registered shares (ISIN code: PLLOTOS00033) on 24 October 2014, with 129,804,251 (one hundred and twenty nine million eight hundred four thousand two hundred and fifty one) ordinary bearer shares of Grupa LOTOS S.A. (ISIN code: PLLOTOS00025). The assimilated shares have been marked with ISIN code PLLOTOS00025.

The Management Board of the NDS declared also in the above-mentioned Resolution that as of 24 October 2014:

The legal basis for the publication of this report is § 34.1.1 of the Minister of Finance’s 19 February 2009 Ordinance on current and periodic reports 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.