Purchase of treasury shares

MOL Hungarian Oil and Gas Plc. hereby informs capital market participants, that on 22 June 2007, based on the announcement made on 22 June 2007, MOL bought 938,633 treasury shares at an average price of 25,528 HUF/share on the Budapest Stock Exchange through ING Bank Zrt as investment service provider. Following this transaction MOL owns 3,079,796 "A" series and 578 "C" series ordinary shares.