Eduard Khudaynatov Increases Stake in OJSC Rosneft Share Capital

OJSC Rosneft President Eduard Khudaynatov has acquired 1.988 million shares in OJSC Rosneft, increasing his stake in the company's share capital to 5.115 million shares or 0.0483%.

This acquisition of shares confirms Eduard Khudaynatov's statement at the Rosneft shareholders' meeting on June 10 that the company remains significantly undervalued and has considerable potential for growth.

Rosneft Information Division
Tel.: +7 (495) 411 54 20
Fax: +7 (495) 411 54 21
June 29, 2011

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