06/08/2008

MOL takes note of OMV's decision

MOL takes note of OMV's decision to abandon its hypothetical approach for MOL. This decision recognizes, as MOL has consistently maintained for over a year, that their irrational business plan for combination of the two businesses raised very serious competition issues, was inherently value-destructive and would be against economic and strategic rationale.

MOL pays highlighted attention to shareholders' interests and closely monitors potential opportunities regarding the existing twenty percent holdings in OMV's hands.