Hungarian Privatisation and State Holding Company (APV Zrt.) intends to sell 1.73% of „A” series MOL shares through a public offering

MOL hereby informs its shareholders that according to the announcement made by APV Zrt., APV Zrt. intends to sell 1,893,475 (1.73% of share capital) of „A” series MOL ordinary shares between 21 November and 1 December through a public offering. MOL shares not sold in the retail offering will be offered to investors through an auction process. The lead manager for the offering is HVB Bank Hungary Zrt. with Inter-Európa Bank Plc. acting as the co-leader for the retail offering. An Information Memorandum on MOL was issued by APV Zrt. based on public information.

Following the closing of the transaction, APV Zrt. is expected to have only one „A” series MOL ordinary share and one „B” series voting preference share. This step will mark the completion of MOL’s privatisation process. More information on the offering can be found at HVB’s and APV’s websites at www.hvb.hu/mol and www.apvzrt.hu.

This announcement is not an offer of securities for sale in the United States. Securities may not be offered or sold in the United States absent registration or an exemption therefrom. The Company does not intend to register any portion of this offering in the United States or to conduct a public offering in the United States. Copies of this announcement are not being, and should not be, distributed in or sent into the United States.

It may be unlawful to distribute these materials in certain jurisdictions. These materials are not for distribution in the United Kingdom, Canada, Japan or Australia. The information in these materials does not constitute an offer of securities for sale in the United Kingdom, Canada, Japan or Australia.