NVTK: OAO Novatek: NOVATEK wins auction for the East-Tazovskoye field UK Regulatory Announcement MOSCOW FOR IMMEDIATE RELEASE NOVATEK WINS AUCTION FOR THE EAST-TAZOVSKOYE FIELD Moscow, 14 March 2013. OAO NOVATEK (NOVATEK and/or the Company) announced today that its subsidiary OOO NOVATEK-Tarkosaleneftegas won an auction for exploration and production license for the East-Tazovskoye field. Payment for the license was set at RR 3.19 billion. The East-Tazovskoye field is located in the Yamal-Nenets Autonomous Region in close proximity to the North-Russkoye field, the license for which is also held by OOO NOVATEK- Tarkosaleneftegas. As of 1 January 2012, recoverable reserves of the field under Russian reserve classification “C1 + C2” amounted to 65.3 billion cubic meters of natural gas and 13.4 million tons of liquid hydrocarbons. The Chairman of NOVATEK’s Management Board Leonid Mikhelson noted: “The acquisition of a new license is fully consistent with our strategy and allows us to expand the resource base in our core region. We will benefit from significant synergies due to the proximity of the East-Tazovskoye field to our existing asset base”. *** For further information, please visit www.novatek.ru or contact: Press Service Investor Relations +7 (495) 721 2207 +7 (495) 730 6013 firstname.lastname@example.org email@example.com *** OAO NOVATEK isRussia’s largest independent gas producer and the second-largest natural gas producer inRussia. Founded in1994, the Company isengaged inthe exploration, production, processing and marketing ofnatural gas and liquid hydrocarbons. The Company’s upstream activities are concentrated inthe prolific Yamal-Nenets Autonomous Region, which isthe world’s largest natural gas producing area and accounts for approximately84% ofRussia’s natural gas production and approximately17% ofthe world’s gas production. NOVATEK isanopen joint stock company established under the laws ofthe Russian Federation. The Company’s shares are listed inRussia onMICEX-RTS Stock Exchange and the London Stock Exchange (LSE) under the ticker symbol “NVTK”. Contact: OAO Novatek
NVTK: OAO Novatek: NOVATEK wins auction for the East-Tazovskoye field
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