• Loans to be provided by Česká spořitelna, Československá obchodná banka, HSBC Bank plc, Komerční banka, Slovenská sporiteľňa, Tatra banka, UniCredit Bank Czech Republic and Slovakia and VÚB banka.
• Funds not designated for specific purposes
• Credit to provide Slovnaft and also other companies in the SLOVNAFT Group with flexibility to continue their work further

BRATISLAVA, December 6th, 2013 – SLOVNAFT, a.s., has signed an agreement with representatives from eight banks to receive loans amounting to EUR 200 million.These funds have not been earmarked for specific purposes and credit can be used by both Slovnaft and companies that are members of the SLOVNAFT Group.

Syndicated loans are being provided by Česká spořitelna, a.s., Československá obchodná banka, a.s., HSBC Bank plc, the foreign branch office of Komerční banka, a.s., Slovenská sporiteľňa, a.s., Tatra banka, a.s., the foreign branch office of UniCredit Bank Czech Republic and Slovakia, a.s. and Všeobecná úverová banka, a.s. Lending is to be coordinated by Československá obchodná banka, while UniCredit Bank Czech Republic and Slovakia will be acting as agent.

“We appreciate the confidence given by the banks to have entered into this lending agreement with Slovnaft to such a significant extent,” said Oszkár Világi, Chairman and Chief Executive Officer of SLOVNAFT, a.s. “At a time when Europe’s refining industry in Europe is feeling the impact from the decline in consumption of petroleum products and growing competitive pressure, investment in development and the ability to produce cost effectively are key to all companies in the sector operating successfully. We at Slovnaft are also aware of this and believe our decision will contribute to the company's long-term competitiveness.”

Slovnaft is planning large investments in the near future. This year the company launched a more than EUR 200 million construction of a new polyethylene production plant, while total investment in plastics will exceed EUR 300 million. Yet, Slovnaft’s investment program also figures on several smaller oil processing projects.

• Largest current investment into plastics manufacturing in Central Europe
• In addition to construction of a polyethylene production line, an ethylene unit is to be renovated and a new logistics infrastructure built
• By 2015, the volume of polyethylene produced by Slovnaft should rise more than one fifth to 220,000 tonnes

BRATISLAVA, September 6th 2013 – Slovnaft, a member of the international MOL Group, has begun construction of a new unit for the production of LDPE4 polyethylene. Construction of the plant is part of a massive investment in basic plastics, which should reach more than EUR 300 million by 2015. The cornerstone of the new manufacturing unit was today laid in Vlčie hrdlo by Slovak Prime Minister Robert Fico, Economy Minister Tomáš Malatinský, MOL Chairman-CEO Zsolt Hernádi, Oszkár Világi, SLOVNAFT Chairman of the Board of Directors and CEO and representatives of Maire Tecnimont and TALKE company.

Costs for construction of the LDPE 4 production line itself exceed EUR 200 million, while another EUR 100 million will be required to renovate an ethylene unit for processing primarily petrol and gases, from which raw materials will be produced mainly for manufacturing polyethylene and polypropylene, and to develop an associated logistics infrastructure in the form of an ethylene storage tank, silos for storing polyethylene and packing lines. Slovnaft will be financing these investments from a combination of its own funds, loans from the EBRD and commercial loans.

“We expect the new line to streamline production and reduce both energy consumption and emissions, while allowing us through a broader and higher-quality product portfolio to reach new customers and markets. This investment strengthens Slovnaft’s competitiveness in the long term and ultimately brings a lot of direct and indirect positives for all of Slovakia,” said Oszkár Világi, Chairman of the Board of Directors and CEO in SLOVNAFT, a.s.

The new LDPE4 unit replaces seven older lines and will produce low density polyethylene. This is the basis for a wide range of products, such as food and agricultural plastic wrapping, toys, health supplies, insulation and other materials used in construction. The manufacturing process results in granulates that are then further processed by customers. Once the new line starts operating, annual polyethylene production capacity will rise by 40,000 tonnes to reach 220,000 tonnes.

“This key investment contributes to our growth strategy offering both Slovnaft and MOL Group the opportunity to further strengthen our competitiveness and to maintain a leadership position on the Central European market. This investment is a proof that we are investing in our member companies in order to ensure our long-term global success.” said Zsolt Hernádi, MOL Chairman-CEO.

Slovnaft’s polyethylene production plant is being put together by a consortium of associated companies, Tecnimont in Italy and Tecnimont Planung und Industrieanlagenbau in Germany, both subsidiaries of Maire Tecnimont SpA, the holding company of Maire Tecnimont Group, a leading international player in Engineering & Construction (E&C), Technology & Licensing and Energy & Ventures, mainly active in the Hydrocarbons industry.

Pierroberto Folgiero, CEO of Maire Tecnimont, said: “With this project we confirm our outstanding experience in Petrochemicals Industry being Tecnimont part of the history of the polyolefin technologies and further strengthen our

presence in Central and Eastern Europe, where we are focusing our attention to support the development of Petrochemical as well as Fertilizer industries, leveraging on Maire Tecnimont Group’s know-how and proprietary technologies. In this view, we are proud to be one of the key actors in the most relevant investment in the region.”

The logistics infrastructure is to be built by TALKE. The Germany based company is one of the world’s leading logistics service and logistics consultancy providers to the chemical and petrochemical sector in Europe, the Gulf States and Asia. “This logistics facility is the first project that we will carry out in Slovakia,” says Christoph Grunert, Director Logistics Europe at TALKE. “It is also one of our biggest European construction projects to date.”

Construction of the LDPE4 unit will have a positive impact on employment in the region. It is expected that by the time work peaks, up to 1,000 people will be employed by construction project suppliers.

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• Results positively affected by higher exports and company cost-cutting
• Production of gasoline, diesel fuel and petrochemicals rise
• Construction officially launched of new polyethylene production line

BRATISLAVA, 15th November 2013 – SLOVNAFT Group has reported a 7% year-on-year increase in nine-month net sales to EUR 3.6 billion,while net profit rose 5% year-on year to EUR 43 million.SLOVNAFT saw sales during the period of its petroleum products grow 16% year-on-year to 4.53 million tonnes, of which almost 76% was exported.

There was a 24% rise in sales to foreign markets to 3.44 million tonnes, though domestic sales fell slightly to 1.1 million tonnes.“SLOVNAFT Group’s petroleum product sales increased in the first three quarters of the year mainly due to higher exports. This combined with an emphasis on internal cost cutting allowed Slovnaft to post strong economic figures,”said Oszkár Világi, Chairman of the Board and Chief Executive Officer of SLOVNAFT, a.s. “ On the other hand, a drop in domestic sales caused by weak economic growth in Slovakia, as well as a reduction in the difference between the prices of finished petroleum products and crude oil prices on international commodity exchanges, dampened the impact of cost side savings despite positive financial effects from exports.From this perspective, the numbers achieved by the SLOVNAFT Group in the current environment can be viewed as quite good, yet it remains vulnerable in the final quarter to run during the winter, what has traditionally been a complicated period.”

For the first nine months of the year Slovnaft's Bratislava refinery processed 4.44 million tonnes of crude oil, which was 12% higher than the same period last year.Gasoline production for the first three quarters rose 5% year-on-year to 1.09 million tonnes.Production of diesel fuel saw 12% growth to 2.3 million tonnes.An increase was also reported in the production of petroleum products, rising 12% to 243,000 tonnes.

Investment in the first three quarters of 2013 reached EUR 44 million.Slovnaft also started construction in this period of a new unit for manufacturing polyethylene. “The new polyethylene production line, worth EUR 300 million, is considered by us to be an especially critical project for Slovnaft,” continued Mr. Világi. “We expect our investment program, which in the next period will include several oil refining projects in addition to the new polyethylene line, to contribute to keeping the SLOVNAFT Group competitive in the long term and maintaining positive results.”

At the end of September, the company was operating 212 petrol stations.

• The results were positively affected by higher export activity (an increase of 27%)
• An increase in the production of motor gasoline, motor diesel and petrochemical products
• Three new gas stations open in the first half-year

BRATISLAVA, 13th August 2013 – In the first half of 2013, the SLOVNAFT Group increased its net revenues year-on-year by 9%, to 2.33 billion euros. Net profit in this period reached 7 million euros compared to a loss of 14 million euros in the first half of 2012. During this period, the SLOVNAFT Group increased the sale of petroleum products year-on-year by 18%, to 2.92 million tons, of which almost 77% was exported.

The sale in foreign markets increased by 27%, to 2.24 million tons, despite problems with product shipping in the second quarter due to the increased water level of the Danube river. Because of this, the transport of final products was restricted, particularly to clients in Austria and Germany. Sales in the domestic market reached 683,000 tons.

“The macro-economic environment hasn’t improved significantly in the last half-year, despite that we achieved a positive economic result. It is also due to the continuous process of uncovering internal reserves and decreasing expenses. Part of this is also the the New Downstream Program, through which we’ve managed to achieve benefits of nearly USD 60 million so far this year. We are continuing with our strong investment program, the construction of the newest LDPE unit, and simultaneously planning other investment projects at the Bratislava refinery,” stated Oszkár Világi, Chairman of the Board of Directors and CEO in SLOVNAFT, a.s.

In the first half-year, Slovnaft processed 2.86 million tons of crude oil at the Bratislava refinery, which was 9% more than during the same period in 2012. The production of motor gasoline increased year-on-year by 5%, to 693,000 tons in the first six months. The production of motor diesel reached 1.51 million tons and increased year-on-year by 14%. A 12% increase was also recorded in the production of petrochemical products, up to 156,000 tons.

The company opened three new gas stations on the D1 highway in the first half-year, operating 212 stations in total.