Petrom modifies fuel prices

• Update due to fluctuation of international quotations of fuel products Petrom

Petrom announces new prices for its oil products sold in own retail network starting October 26, 2007, 0:01 hours. Therefore the price of the gasoline and diesel sold in Petrom and PETROMV filling stations will be increased by 0.06 lei/liter.

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

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.

Petrom SA holds in Romania around 500 Petrom filling stations, out of which 77 filling stations operate by a modern concept, introducing international quality standards, PETROMV.