NVTK: OAO Novatek: Results of NOVATEK's Extraordinary General Meeting of Shareholders

  NVTK: OAO Novatek: Results of NOVATEK's Extraordinary General Meeting of
  Shareholders

UK Regulatory Announcement

MOSCOW

The Extraordinary General Meeting of Shareholders (“EGM”) of OAO NOVATEK
(“NOVATEK” or the “Company”) held on 9 January 2013 approved all the related
party transactions as outlined on the agenda.

Detailed information on the EGM results is available on the Company’s website
at: http://www.novatek.ru/en/investors/meetings/.

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For further information, please visit www.novatek.ru or contact:

Press Service           Investor Relations
+7 (495) 721 2207       +7 (495) 730 6013
press@novatek.ru        ir@novatek.ru

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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 84%
of Russia’s natural gas production and approximately 17% 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
MICEX-RTS Stock Exchange and the London Stock Exchange (LSE) under the ticker
symbol “NVTK”.

Contact:

OAO Novatek