21/04/2006

Change in influence in MOL

Pursuant to the Capital Market Act 2001. CXX MOL Hungarian Oil and Gas Company hereby informs the capital market on the following change in shareholder influence.

The Bank of New York’s influence in MOL decreased form 14.04% (14,257,620 shares) published on 11th January 2006 to 9.99% (10,894,879 shares) on 20th April 2006. The Bank of New York acts as the issuer of the depositary receipt (secondary securities based on MOL shares) and therefore exercises ownership rights for the beneficial owner of the GDR’s.