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NVTK: OAO Novatek: Notification by persons discharging managerial responsibilities



  NVTK: OAO Novatek: Notification by persons discharging managerial
  responsibilities

UK Regulatory Announcement

MOSCOW

       NOTIFICATION BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES

Moscow, 27 May 2013. OAO NOVATEK (“NOVATEK” and/or the “Company”) has received
notice from the Chairman of the Company’s Management Committee Leonid
Mikhelson regarding a change in his direct equity stake of ordinary shares of
NOVATEK.

             % of ordinary     % of ordinary   Date of notification of change
Name         shares prior to   shares after    in equity stake
             notification      notification
Leonid V.    0.6753%           0.6814%         27.05.2013
Mikhelson

                                     ***

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

                                     ***

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 90%
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
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