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29.01.2008 Re Agreement

29.01.2008
Re Agreement  

In accordance with the agreement reached between a LUKOIL Group company and an IFD Kapital Group company, the IFD Kapital Group company on January 29, 2008 purchased 23,550,000 treasury shares of OAO LUKOIL at a market price. As agreed between the parties, the purchased shares of OAO LUKOIL are intended to be used as a pledge at a later stage under the purchase of shares of OAO UGK TGK-8.