Filing an application for approval of supplement no. 2 to the issue prospectus of Grupa LOTOS S.A. with the Polish Financial Supervision Authority in connection with the information regarding subscription for new shares in Grupa LOTOS S.A. by the State Treasury
Report no. 35/20142014-11-20

The Management Board of Grupa LOTOS S.A. (the “Company”) hereby announces that in connection with an announcement published on the website of the Ministry of State Treasury on 20 November 2014, stating that the Minister of State Treasury acting on behalf of the State Treasury will subscribe (within the subscription period) for all new shares in Grupa LOTOS it is entitled to in the exercise of its preemptive rights, on 20 November 2014 the Company filed an application with the Polish Financial Supervision Authority (“PFSA”) for approval of supplement no. 2 to the Company’s issue prospectus approved on 7 November 2014 (the “Prospectus”).

Supplement no. 2 to the Prospectus will be published on the Company’s website promptly upon being approved by the PFSA, about which the Company will give notice without delay in a separate current report.

The legal basis for this current report is Article 56 Section 1 point 1 of the Act on Public Offering and Conditions Governing the Introduction of Financial Instruments to an Organised System of Trading and on Public Companies of 29 July 2005 (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 on 7 November 2014 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 was 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.

Société Générale, Powszechna Kasa Oszczędności Bank Polski S.A. Oddział – Dom Maklerski PKO Banku Polskiego w Warszawie, BZ WBK S.A., ING Securities S.A. and UniCredit CAIB Poland S.A.(the “Managers”) are acting exclusively for the Company and no one else in relation to the proposed Offering and will not regard any other person (whether or not a recipient of this document) as a client in relation to the Offering and will not be responsible to any other person for providing the protection afforded to their respective clients or for providing advice in connection with the Offering.