Rosneft entities will enter into Camfin Capital, holder of the largest stake of Pirelli & C. S.p.A.

Within the framework of a working visit of Rosneft President, Chairman of the Management Board Igor Sechin to the Far East, he held negotiations with Pirelli top management with the participation of Marco Tronchetti Provera, Pirelli & C. S.p.A. CEO.

The parties discussed issues related to the expansion of cooperation in the region of synthetic rubber production in Nakhodka and further supplies (within Far East Petrochemical Company project). The parties also reviewed the strategy of further project development on sales and marketing in Russia.

The strategic relationship of the companies and noted progress in implementation of projects in Russia provide room for expansion of cooperation in R&D and Supply fields in the world market, where both companies, being global players, have firm position.

As previously reported Rosneft entities are continuing negotiations with Intesa Sanpaolo, Unicredit, Clessidra and Nuove Partecipazioni for the finalization of binding agreements regarding contracts relative to the outline agreement.

At the moment appropriate corporate actions have been taken, the transaction arranged, and it can be carried out obtaining the approval of the regulatory agencies.

Rosneft Information Division
Tel: +7 (499) 517 88 97
Fax: +7 (495) 411 54 21
May 18, 2014