The Management Board of Grupa LOTOS S.A. hereby reports that the Company has not complied with corporate governance principle No. 1.4 contained in Section II of Best Practices of the Companies Listed on the WSE. Principle No. 1.4 of Section II “The company shall maintain a corporate website where it shall publish: information on the date and venue of the general shareholders meeting, the meeting agenda, draft resolutions together with the statements of grounds, and other available materials pertaining to the general shareholder meetings of the company, no later than 14 days prior to the scheduled date of the meeting.” Non-compliance with the aforementioned principle is a non-recurring incident and follows from the inability to meet the deadline for publishing complete draft resolutions with the statements of grounds and other materials pertaining to the general shareholders meetings of the Company, which was 14 days prior to the date of the Extraordinary Shareholders Meeting convened for January 22nd 2008. Concurrently, the Management Board of Grupa LOTOS S.A. reports that acting pursuant to Par. 39.1 of the Regulation of the Minister of Finance on current and periodic information to be published by issuers of securities, the Company will publish draft resolutions with statements of grounds and other materials pertaining to the General Shareholders Meeting in a current report no later than 8 days prior to the General Shareholders Meeting date. Basis for publication of this report: Par. 29.3 of the Rules of the Warsaw Stock Exchange.
Information on the Company’s Non-Compliance with a Corporate Governance Principle
Report no. 96/20052008-01-09