19 January, 2006

Extraordinary notice on founding TVK Ukrajna

Tisza Chemical Group Company Limited by Shares (TVK Ltd.) hereby informs its shareholders and capital market participants, that the company founded a new foreign trade company in Ukraine. Our company was informed today, that TVK Ukrajna Korlátolt Felelősségű Társaság was registered on January 17, 2006, with a seat in Kiev, and an issued capital of  hrivnya 33,995.89 (EUR 5,770). TVK Ukrajna is 100% owned by TVK Ltd., and sells polymer products produced by TVK Ltd. and Slovnaft, a.s. in Ukraine. The aim of founding a new company is to create direct existence in the Ukraine market that having strategic importance.

The transaction will have no significant impact on TVK Ltd’s financial results.

Árpád Olvasó
CEO