Ad-hoc Report - The Ministry of Economy becomes Petrom’s shareholder replacing AVAS

In compliance with Law no. 297/2004 and Regulation no. 1/2006 of CNVM

Date of report : January 20, 2009
Name of issuer : PETROM S.A.
Headquarters : Bucharest, Calea Dorobantilor no. 239, sector 1
Telephone/fax number : +40 372 429 082/ +40 372 868544
Sole registration number at the Trade Register Office: 1590082
Fiscal attribute : R
Trade Register Number: J 40/8302/1997
Share capital: 5,664,410,833.5 RON
Regulated market on which the issued shares are traded : Bucharest Stock Exchange

Significant event to be reported:

The Ministry of Economy becomes Petrom’s shareholder replacing AVAS

According to the provisions of Law no 308/30.12.2008 regarding the rejection of the Government Emergency Ordinance no 101/2006, the Central Depositary performed on January 15, 2009 the transfer of the Petrom shares owned by the Authority for State Assets Recovery (AVAS) in the account of the Ministry of Economy.

Subsequent the transfer, the Ministry of Economy owns 11,690,694,418 shares representing 20.64% of Petrom’s share capital.

Mariana Gheorghe
Chief Executive Officer of Petrom SA