Closing of share purchase transaction between MOL and CEZ

MOL Plc. hereby informs the capital market’s participants that the share purchase agreement as part of MOL-CEZ strategic alliance announced on 20 December 2007 was financially closed and settled on 23 January 2008. MOL sold 7,677,285 pieces of „A” series MOL shares to CEZ at HUF 30,000 per share. MOL has an American call option for the shares with a strike price of HUF 20,000 per share which can be exercised within 3 years. MOL pays an upfront and annual option fee to CEZ.

Following this transaction MOL owns 1,465,734 „A” series and 578 „C” series ordinary shares in treasury.