PRESS SERVICE STATEMENT

Monday, June 15, 2009

The Press Service of OAO LUKOIL reports that state corporation “The Bank for Development and Foreign Economic Affairs” (Vnesheconombank) became a major shareholder of OAO LUKOIL.

‘The Company is happy to see Vnesheconombank among its shareholders as one of Russia’s largest government-owned backbone financial institutions and a strategic investor in the real economy’ Leonid Fedun, Vice President of OAO LUKOIL, said.