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PRESS-RELEASE
21.11.2014
LUKOIL AND SAMARA REGION FORGE COOPERATION


Vagit Alekperov, OAO LUKOIL President, and Nikolay Merkushin, Governor of the Samara Oblast (region), signed a supplemental agreement to the cooperation agreement between the company and the regional government, in Moscow today.

As part of the supplemental agreement, LUKOIL pledged to allocate funds in 2014 to a regional social-development charity fund, Sodeystviye. Specifically, the funds will go towards the design and the first construction stage of a multi-purpose sports center in one of the oblast’s villages, Koshki, and also towards the implementation of municipal and regional social projects.

 

PRESS-RELEASE
20.11.2014
CONFERENCE HELD IN VOLGA FEDERAL DISTRICT ON LUKOIL CORPORATE SOCIAL RESPONSIBLITY

A conference, “OAO LUKOIL Corporate Social Responsibility in the Volga Federal Okrug (district)”, was held today at the Chamber of Commerce and Industry of the Nizhny Novgorod Oblast (territory).

The event was attended by representatives of the territory’s legislature, public associations, non-profit organizations, the mass media and of LUKOIL Group’s regional organizations.

The agenda included the corporate philosophy of social responsibility and sustained development, a management system for social investments and charity, the past and future contests of social projects. A special emphasis was placed on the contribution to the district’s economy and social sphere as a result of the programs implemented jointly by LUKOIL, the regional authorities and the general public.

The conference is the second one in a series of events to be held in 2014-2015 on the subject of corporate social responsibility in the federal districts where the company operates.

PRESS-RELEASE
06.11.2014
LUKOIL AND ADMINISTRATION OF NENETS AUTONOMOUS OKRUG SIGN AGREEMENT ON COOPERATION

Vagit Alekperov, OAO LUKOIL President, and Igor Koshin, Governor of the Nenets Autonomous Okrug, signed a cooperation agreement between the company and NAO, in Naryan-Mar today, for the period till December 31, 2019.

Under the agreement, the parties will continue interaction in such areas as geological exploration, production of oil and gas, development of the petroleum- product supply system and of the production and social infrastructures, as well as in other areas of mutual interest.

“The Nenets Autonomous Okrug possesses vast hydrocarbon resources and plays a special part in the development strategy of our company. Production buildup in the district is one of LUKOIL’s most important tasks. I am quite sure that the agreement signed today will prove an efficient tool in solving this task,” Mr. Alekperov commented.

“Fifteen years of operation in the district have won LUKOIL the reputation of a reliable partner. This is exactly the case when an entirely private company solves nationwide tasks,” Mr. Koshin said.

PRESS-RELEASE
07.11.2014
LUKOIL SIGNS PROTOCOL ON COOPERATION WITH PERM TERRITORY FOR 2015

Vagit Alekperov, OAO LUKOIL President, and Viktor Basargin, Governor of the Perm Territory (Perm Krai), signed a protocol on cooperation between the company and the territory for 2015. The document, executed in the presence of Mikhail Babich, authorized representative of the RF President for the Volga Federal District, is an integral part of the effective five-year Economic and Social Cooperation Agreement. The latter provides funding for a number of investment programs. In 2014, LUKOIL sponsored construction in the region of 15 infrastructural projects and 29 cultural facilities. Also, funds have been earmarked for 35 educational and 31 healthcare projects.

“The territory boasts a huge resource potential, while the local authorities are our reliable partners. I am sure the 2015 cooperation protocol will be as efficient and fruitful as the previous one, both in the interests of our company and the region as a whole,” Mr. Alekperov noted.

“Being the true flagship of the oil and gas industry, the LUKOIL Group organizations in the Perm Krai determine the development trend for the whole of the region’s industry. I am grateful to the oilmen for the high level of responsibility demonstrated by them as related to the areas covered by their activities,” Mr. Basargin said.

As part of his visit, Mr. Alekperov participated in a festive ceremony dedicated to the opening of social facilities in Chernushka, one of the leading oil production centers of the Perm Krai. Also, the LUKOIL President took part in the Perm Engineering and Industrial Forum.
PRESS-RELEASE
27.10.2014
EXTRAORDINARY GENERAL SHAREHOLDERS MEETING OF OAO LUKOIL TO CONSIDER INTERIM DIVIDEND PAYMENT 

A Board of Directors meeting of OAO LUKOIL was held today to set the date of the 2014 Extraordinary General Shareholder Meeting.

The date of the Extraordinary Meeting and the deadline for the receipt of voting ballots will be 12 December 2014. The list of the shareholders entitled to participate in the Extraordinary General Shareholders Meeting will be compiled as of 7 November 2014.

The Board of Directors also recommended that the OAO LUKOIL Extraordinary General Shareholders Meeting adopt a decision on interim dividend payment in the amount of 60 rubles per ordinary share. Starting from 2012, in accordance with amendments to the OAO LUKOIL Charter, the Company began to pay interim dividends to increase the investment attractiveness of its shares*.

In order to ensure the dividend payment evenness, it is expected to take a decision on their payment on a semiannual basis, i.e. based on the annual financial results and based on the nine months results.

The Board of Directors recommended that the Extraordinary General Shareholders Meeting set 26 December 2014 as the date on which persons entitled to receive interim dividends will be determined and the dividends to be paid during the following payment periods:

-                     Dividend payments to nominee shareholders and trust managers who are professional market participants registered in the shareholder register of OAO LUKOIL to be made not later than 19 January 2015,

-                     Dividend payments  tootherpersonsregisteredintheshareholderregisterofOAOLUKOILtobemadenot later than 9 February 2015.

The Company confirms the dividend payment growth strategy. It is expected that based on the 2014 financial performance of OAO LUKOIL, the growth of the annual dividends per ordinary share in rubles may reach at least 15% as compared to that of 2013.

* The Company calls attention of all interested parties that the interim dividend amount for a relevant reporting period cannot be regarded as a sole criteria for determining the total dividend amount based on the results of the entire financial year.