THE CORPORATE LIBRARY

Related Party Transactions and Outside Related Director Information

FX Energy, Inc. (FXEN)

5/1/2006 Proxy Information

The written charter of the Company's Audit Committee requires that all related-party transactions, including any between the Company and its executive officers, directors and principal stockholders (i.e., stockholders owning beneficially 5% or more of the outstanding voting securities of the Company) must be approved by the Audit Committee. For this purpose, a transaction is deemed material if such transaction, alone or together with a series of similar transactions during the same fiscal year, involves an amount that exceeds $60,000. No such transactions occurred during the fiscal year ended December 31, 2005.