MOL is a leading integrated oil and gas group in Central and Eastern Europe with clean EBITDA of USD 2.2bn in 2006, corresponding to 25.7% ROACE. The company is one of the most efficient Upstream and Downstream players in Europe on a per barrel basis and it is market leader in each of its core activities in Hungary and Slovakia. MOL is a fully privatised company, with almost 60% ownership of international institutional investors. MOL market capitalisation was at USD 11.6 bn at the end of 2006. MOL shares are listed on the Budapest, Luxembourg and Warsaw Stock Exchanges and traded on London?s International Order Book.