Capital securities transaction of a MOL manager

Mr. József Simola, Executive Vice President, Corporate Centre of MOL sold and bought back 1 perpetual exchangeable capital security, issued by Magnolia Finance Ltd, exchangeable into “A” Series MOL Ordinary Shares with nominal value EUR 100,000 at 80.078% on the OTC market on 22 December 2010, with the assistance of Concorde Securities Ltd. as investment service provider. After the transaction Mr. József Simola owns 1 Magnolia security.