Ownership Structure

Please find below, TVK Plc's ownership structure including legal ownership-reporting obligations.

Ownership structure

The capital of the company includes 24,290,843 dematerialised ordinary shares with a face value of HUF 1,010, each.

Ownership structure according to the Share Register - September 30, 2011

Shareholder	Quantity (of shares)	Interest (%)	Voting Ratio (%)
Domestic institution/company	21,690,707	89.30	89.30
Foreign institution/company	2,237,133	9.21	9.21
Domestic individual	288,245	1.19	1.19
Foreign individual	6,190	0.02	0.02
Treasury shares	-	-	-
Shares held by unidentified parties	68,568	0.28	0.28
TOTAL	24,290,843	100	100

Shareholders with more than 5% according to the Share Register - September 30, 2011

Shareholder	Quantity (of shares)	Interest (%)	Voting ratio (%)
MOL Hungarian Oil and Gas Public Limited Company (MOL Plc.)	21,083,142	86.79	86.79
Slovnaft, a.s.	1,959,243	8.07	8.07

According to the Share Register, MOL Plc. shareholding in TVK Plc. is 86.79%. The stake of Slovnaft, a.s. (subsidiary of MOL Plc) is 8.07%. The direct and indirect influence of MOL Plc. in TVK Plc. is 94.86%.

Notes:
In accordance with the resolution of 2007 Annual General Meeting, every ordinary share with a par value of HUF 1,010 (i.e. one thousand ten forint) entitles the holder thereof to have one and one hundredth vote.
Please note that in Hungary, the Share Register does not fully reflect the ownership structure, as registration is not mandatory.