Extraordinary notice on changes of the senior management

Tiszaújváros, November 3, 2005

The Board of Directors of Tiszai Vegyi Kombinát Company Limited by Shares (TVK Rt.) hereby informs its shareholders and capital market participants that the number of members in the Board of Directors has decreased from 7 to 6, as the mandate of Mr. Fred Faiz, who was elected as a member of the Board on 3rd November 2000, has expired today.

The Board of Directors of TVK Rt. thank Mr. Fred Faiz for his active work, and wish him further success in his professional career.

Board of Directors
Tiszai Vegyi Kombinát Company Limited by Shares