08/04/2005

Purchase of treasury shares

MOL Hungarian Oil and Gas Company hereby informs capital market participants, that on 8 April 2005, based on the announcement made on 17 March 2005, MOL bought 44,290 number treasury shares at an average price of 16,513 HUF/share on the Budapest Stock Exchange through ING Bank Rt as investment service provider. Following this transaction MOL owns 5,961,647 "A" series and 369 "C" series ordinary shares.