Share sale of MOL manager

Dr. Sándor Csányi, Vice Chairman of the Board of Directors of MOL sold 7,453 MOL shares at HUF 9,812.27 on average on the Budapest Stock Exchange on 22 October 2008, with the assistance of UniCredit Bank Hungary Zrt. as investment service provider. After the transaction the number of MOL shares owned by Dr. Sándor Csányi decreased from 12,453 to 5,000.

In connection with the transaction Sándor Csányi emphasised:

“My trust in MOL is undiminished. However in the frame of the convertible bond program I took a bank loan on my MOL bonds. Due to the conversion of these bonds the bank loan expired and the proceeds from the sale of my MOL shares serve as a source to pay back the loan. It is groundless and unnecessary to seek further reasons behind the transaction.”

For further information, please contact:

Investor Relations: + 36 1 464 1395

facsimile: + 36 1 464 1335

MOL Communication: + 36 70 373 1755

Brunswick Group LLP: + 44 20 7404 5959

Brunswick for Germany and Austria: + 49 172 691 05 26