OAO NOVATEK Board of Directors to convene an Extraordinary General Meeting of Shareholders on 25 September 2015

MOSCOW, 29-6-2015 — /EuropaWire/ — OAO NOVATEK (“NOVATEK” or the “Company”) announced the results of its Board of Directors (“the Board”) which decided to convene an Extraordinary General Meeting of Shareholders (“EGM”) on 25 September 2015 with the following agenda:

  • Payment of interim dividends for first half 2015;
  • Early termination of authorities of the members of NOVATEK’s Board of Directors;
  • Election of members of NOVATEK’s Board of Directors; and
  • Approval of related party transactions.

The list of persons entitled to participate in the Company’s EGM will be compiled as of 7 July 2015.

The Board will recommend the amount of the interim dividend payment as well as the date for compiling the list of persons entitled to receive dividend payments after summarizing the Company’s results for the first half 2015.

OAO NOVATEK is Russia’s largest independent gas producer and the second-largest natural gas producer in Russia. Founded in 1994, the Company is engaged in the exploration, production, processing and marketing of natural gas and liquid hydrocarbons. The Company’s upstream activities are concentrated in the prolific Yamal-Nenets Autonomous Region, which is the world’s largest natural gas producing area and accounts for approximately 80% of Russia’s gas production and approximately 16% of the world’s gas production. NOVATEK is an open joint stock company established under the laws of the Russian Federation. The Company’s shares are listed in Russia on Moscow Exchange (MOEX) and the London Stock Exchange (LSE) under the ticker symbol «NVTK».

Mark Gyetvay, CFO
Alexander Palivoda, Head of IR

+7 (495) 730-6013
ir@novatek.ru

Mikhail Lozovoy, Press-secretary

+7 (495) 721-2207
press@novatek.ru

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