Petrom modifies fuel prices 020207

February 2, 2007

• Petrom modifies the fuel prices 
• Update due to fluctuation of international quotations of fuel products

Petrom announces new prices for its oil products in own retail network starting February 3rd, 2007, 0:01 hours.

The prices for Top Nordic Diesel and Euro Diesel 4, sold in Petrom filling stations, will be decreased by 0.03 RON.

The prices for OMV Alpin Diesel, OMV Sprint Diesel, Nordic Diesel and Euro Diesel, sold in PetromV filling stations, will also be reduced by 0.03 RON.

The company holds in Romania around 544 Petrom filling stations, out of which 43 filling stations operate by a modern concept, introducing international quality standards, PetromV.

Petrom’s prices policy, taken up at the beginning of 2005, depends on the international developments of the oil product prices but also on the domestic market context. The measure of Petrom prices reduction was taken following the decrease of the international quotations, adapted to the market conditions in Romania.

Petrom regards it as its obligation vis-à-vis its customers to communicate the price changes. As a customer oriented company, Petrom exercises the highest transparency possible and thus remains the only operator of filling stations to publish its price changes.