PRESS OFFICE STATEMENT

Thursday, September 13, 2001

LUKOIL Oil Company employees present their deep condolences to the relatives of the people who died in the barbarous act of terrorism in the U.S.

In this connection, Vagit Alekperov, President of LUKOIL has decided to cancel all ceremonial events dedicated to the tenth anniversary of OAO LUKOIL planned for September 14-17, 2001 in Ukraine, Moldova, Bulgaria and Romania and to postpone them to a later date.