Change in influence in MOL

MOL Hungarian Oil and Gas Public Limited Company ("MOL") hereby announces that due to the amendment to Act No. 2001/CXX ("Capital Market Act") valid effective from 1 December 2007, the rules on the calculation of influence have changed. According to the new legislation, the number of voting rights is calculated based on all shares, to which voting right is attached, even if the voting rights attached to these shares have been suspended. Due to these changes, the following announcements on change in influence were received by MOL on 14 December 2007.

OMV Clearing and Treasury GmbH ("OMV Treasury") and Bank Austria Creditanstalt AG ("BA-CA") notified MOL jointly that

- In June 2007, at the purchase of 5,616,709 MOL ordinary shares and 470,000 ADRs representing 470,000 ordinary shares, BA-CA acted as custodian for OMV Treasury. BA-CA's 5.94% influence announced on 28 June 2007 originated from its custodian service provided to OMV. As BA-CA does not provide this service to OMV from 14 December 2007, its influence decreased below 5%.

- OMV Treasury currently owns 21,709,488 MOL ordinary shares and 470,000 ADRs which represent 470,000 ordinary shares, and therefore it has 22.05% voting rights in MOL.

MFB Invest Zrt. notified MOL that based on its holding of 10,933,000 MOL shares, according to the rules of Capital Market Act effective from 1 December 2007, it has 10.87% voting rights in MOL.