Closing of the public bid for 'C' series shares and change in the number of treasury shares

MOL Hungarian Oil and Gas Plc. hereby announces that following the 28 December 2005 closing of the public bid for all “C” series MOL shares made on 27 December 2005, it acquired 209 ”C” series shares at HUF 20,000 per share. As a results of the transaction MOL became the owner of all, 578 “C” series MOL shares.