09/01/2006

MOL appoints the Bank of New York as successor depositary bank for GDR programme

MOL Hungarian Oil and Gas Plc., announced today that it appointed the Bank of New York as successor depositary bank for its Global Depositary Receipt (GDR) programme effective 9 January, 2006. MOL's global depositary receipts are listed on Luxembourg Stock Exchange (symbol MOL LX ), traded on International Order Book (IOB) London (Reg S/GDR market under the ticker symbol MOLD) and on the PORTAL in the US 144A market (under the ticker symbol MOLMYP).

Each MOL depositary receipt (CUSIP 608464202 for the GDR programme and 608464103 for the 144A programme) represents one registered share traded on the Budapest Stock Exchange.