Michel-Marc Delcommune

Group Chief Strategy Officer of MOL Hungarian Oil and Gas Plc. member of the Board of Directors of MOL and also a member of the Board of Directors of TVK Tisza Chemical Plant.Mr Delcommune was awarded a degree in chemical engineering by the University of Liège, Belgium, and holds a Master of Business Administration degree from Cornell University, Ithaca, New York. Mr Delcommune joined the PetroFina S.A. in 1972 and was elected to the Board of directors of PetroFina S.A. in 1992. From 1990 he was primarily responsible for Corporate Finance and Insurance as senior vice-president and Chief Financial Officer. From 1999 he served in addition as Human Resources Director and handled the successful merger between Fina and Total.From October 1999 until September 2004 he served as Chief Financial Officer of MOL.He is past Chairman of the Conference Board Europe Council of Financial Executives. In March 2002, he was awarded the CFO-Europe Magazine 2001 Best Practices Award in the category of Internal Efficiency Gains.He is fluent in French, English, Dutch and Portuguese and has a good command of Hungarian.