OAO "LUKOIL": TO THE ATTENTION OF OAO "LUKOIL" DR HOLDERS

OAO "LUKOIL": TO THE ATTENTION OF OAO "LUKOIL" DR HOLDERS

MOSCOW, May 22, 2014 (GLOBE NEWSWIRE) -- The Annual General Meeting of
Shareholders ("AGM") for OAO "LUKOIL" (the "Company") will be held at 11:00
a.m. on 26 June, 2014 at the Company's headquarters at 11, Sretensky
Boulevard, Moscow, Russia.

Please be  aware  that additional  information  regarding the  AGM,  including 
voting and  dividend payment  procedures, that  may affect  holders of  LUKOIL 
depositary receipts is available on  the Company's web site at  www.lukoil.com 
(see Investor  and Shareholder  Center, General  Shareholder Meetings,  Annual 
General                Shareholders                Meeting),                or 
http://www.lukoil.com/static_6_5id_2108_.html.

OAO "LUKOIL" asks  all depositary  receipts holders to  exercise their  voting 
rights at the AGM.

Contacts:

Illarionov Nikolay
Head of Compliance
Ph 7-495-627-16-69
Nikolay.Illarionov@lukoil.com

HUG#1787938
 
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