As at December 31st 2008 and December 31st 2007, Nafta Polska S.A. held a 51.91% stake in Grupa LOTOS S.A. Nafta Polska S.A. is controlled by the State Treasury, which, as at December 31st 2008 and December 31st 2007, directly held a 6.93% stake in Grupa LOTOS S.A. As at December 31st 2008 and December 31st 2007, the State Treasury held, directly and indirectly, 58.84% of shares in Grupa LOTOS S.A.
The aggregate value of transactions concluded between Grupa LOTOS S.A. and Nafta Polska S.A. during the year ended December 31st 2008 was PLN 7 thousand.
The aggregate value of transactions concluded between Grupa LOTOS S.A. and Nafta Polska S.A. during the year ended December 31st 2007 was PLN 21,250 thousand, including payment of dividend of PLN 21,249 thousand.