Petrom modifies fuel prices 070307

March 7, 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 March 8th, 2007, 0:01 hours.

The prices for gasoline sold in Petrom and PetromV filling stations will go up by 0.06 RON/liter.

The price for Euro Diesel 4 sold in Petrom filling stations will stay unchanged.

The prices for diesel sold in PetromV filling stations, OMV Alpine Diesel, OMV Sprint Diesel and Top Nordic Diesel, will increase by 0.04 RON/liter.

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 modification was taken following the increase of the international quotations, adapted to the market conditions in Romania.

Petrom SA holds in Romania 510 Petrom filling stations, out of which 45 filling stations    operate by a modern concept, introducing international quality standards, PetromV.