Announcement on the change in the influence

Based on the announcement made on 27 December 2005 by MOL Hungarian Oil and Gas Plc. about the option rights on treasury shares, BNP Paribas and the Slovintegra-Slovbena shareholder group announced the change in their influence. On 23 December 2005 BNP Paribas exercised its option and as a result its ownership increased from 8,806 “A” series MOL shares to 7,561,680 “A” series MOL shares, thus its influence increased to 7.45%. At the same time with the sale of 7,552,874 “A” series MOL shares the influence of Slovintegra-Slovbena decreased from 7.45% to 0%