MOL continue its capital optimization program

MOL Hungarian Oil and Gas Plc. hereby announces that based on the authorization of the Annual General Meeting held on 26th April 2007 MOL continues its capital optimization program launched on 22 June 2007 until the withdrawal of the program, but by latest 25 October 2008. ING Bank Ltd. and OTP Bank Plc. as investment service providers continue to be commissioned to carry out the program.