LOTOS: Notification: Significant holdings of shares

The Management Board of Grupa LOTOS S.A. (“Company”) announces that on March 7th 2017 it received a notification under Art. 69.1.2 of the Public Offering Act, from Powszechne Towarzystwo Emerytalne PZU S.A., a shareholder, acting on behalf of Otwarty Fundusz Emerytalny PZU Złota Jesień, of decrease in the Fund’s shareholding to below 5% of total voting rights in the Company.

The notification is attached as an appendix to this report.

Legal basis: Art. 70.1 of the Act on Public Offering, Conditions Governing the Introduction of Financial Instruments to Organised Trading, and Public Companies, dated July 29th 2005.