Extraordinary notice on closing the liquidation process of CHEMOPETROL LTD.

Tiszaújváros, October 27, 2005

Tiszai Vegyi Kombinát Company Limited by Shares (TVK Rt.) (H-3581 Tiszaújváros, TVK Industrial Site, Gyári Street, Hungary; registration number: 05-10-000065) in accordance with the requirements of the 2001 CXX Law on Capital Markets (Tpt.) 21., and 11. articles of enclosure 6 hereby informs its shareholders and capital market participants that as a result of the liquidation of TVK Rt’s not fully consolidated subsidiary, CHEMOPETROL Manufacturing and Trading Ltd. (H-3581 Tiszaújváros, TVK Industrial Site, Gyári Street, Hungary; registration number: 05-09-002845) the Court of Registration with its resolution dated October 17,  2005 and received on October 26, 2005, cancelled the company from the Trade Register as of October 17, 2005, and the liquidation process was closed.

The process will have no significant impact on TVK Rt’s financial results.

Árpád Olvasó
CEO