Credit rating publication

MOL Hungarian Oil and Gas Public Limited Company hereby announces that the company obtained a BBB- investment grade credit rating with a Stable Outlook from Standard & Poor’s Rating Services within the confines of the envisaged Eurobond transaction.

The envisaged Eurobond transaction is in line with MOL’s financial strategy, which targets the diversification and rationalisation of the debt portfolio in order to improve financial flexibility. Furthermore, the transaction is expected to benefit from the current favourable market conditions.