Change in influence in MOL

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

The Bank of New York's influence in MOL increased from 9.82% (10,704,519 shares) to 10.59% (10,383,095 shares) on 30th May 2006. The increase in influence was due to the purchase of Treasury shares (10%) by MOL. 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.