MOL Plc. has successfully concluded its first retail Forint bond issue

MOL Plc. hereby informs the capital market participants that the public offering of MOL 1204 L/1 HUF bond has been successfully closed which was the first issuance under MOL’s Bond programme 2010-2011. The bonds with 18-month tenor and 6% coupon payment per annum could be subscribed between September 27 and October 22, 2010; the announced minimum nominal value was HUF 2 billion. The total received offers reached the amount of HUF 5,050,560,000. This successful transaction has also proved the confidence of the public investor base in MOL. The aim of the Bond programme is the further diversification of MOL’s funding sources.

Within the framework of the Bond programme MOL intends to sell further bonds via public offerings during the 12-month period after the publication of the Prospectus (23 September, 2010). Within the framework of the Bond programme the aggregate par value of the issued and outstanding bonds shall not exceed HUF 100,000,000,000 or its equivalent in foreign currency. Under the effectiveness of the Bond programme the Issuer may issue bonds which are denominated in any of the following currencies: HUF, EUR, JPY, USD, CHF, PLZ, HRK, CZK, RON and RUB.

Main results of the public offering of MOL 1204 L/1 HUF bond