OAO “LUKOIL” press service would like to announce the following appointments due to corporate restructuring and changes in staff schedule:

• Anatoly Barkov, appointed Vice President, General Affairs, Corporate Security and Communications;
• Vladimir Vasilyev, appointed Vice President, Taxes;
• Vadim Vorobyev, appointed Vice President, Petroleum Products Sales Coordination;
• Denis Dolgov, appointedVice President, Energy;
• Oleg Durov, appointed Vice President, Oil Refinery, Petrochemistry, Gas Procession;
• Sergey Malyukov, appointedVice President, Internal Audit and Control;
• Ilya Mandrik, appointedVice President, Exploration;
• Ivan Masliaev, appointed Vice President, General Counsel;
• Aleksandr Matytsyn, appointed Vice President, Finances;
• Anatoly Moskalenko, appointedVice President, Human Resources Management, Corporate Structure Development;
• Vladimir Mulyak, appointed Vice President, Technologies, Oil and Gas Fields Development;
• Valery Subbotin, appointedVice President, Sales and Supplies;
• Gennady Fedotov, appointed Vice President, Economics and Planning;
• Leonid Fedun, appointedVice-President, Strategic Development;
• Evgeny Khavkin, appointed Vice President, OAO “LUKOIL” Secretary General;
• Lyubov Khoba, appointed Vice President, Chief Accountant.

These changes have been conditioned upon improvement in the Company’s governance.