The Court of Registration has registered the 5% capital decrease of MOL

MOL Hungarian Oil and Gas Plc. hereby announces that on 16 October 2008 the Court of Registration registered the capital decrease of MOL, which was decided by the Annual General Meeting held on 23 April 2008. Accordingly, the share capital of MOL decreased from HUF 109,675,502,578 to HUF 104,191,727,578 by cancelling 5,483,775 pieces of registered ordinary shares of the series “A” with a par value of HUF 1,000, owned by the Company.

As follows the share capital of the company is composed of:

-          104,191,148 “A” series ordinary shares with a par value of HUF 1,000 eacc
-          1 “B” series voting preference share with a par value of HUF 1,000 each and
-          578 “C” series ordinary shares with a par value of HUF 1,001 each.

After the capital decrease MOL owns 7,325 “A” series and 578 “C” series ordinary shares (Treasury shares).