NOTIFICATION OF TRANSACTIONS OF DIRECTORS,
PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES OR CONNECTED PERSONS
OAO LUKOIL (the “Company”) was informed that Mr. Vagit Yu. Alekperov, President and member of the Board of Directors of the Company, acquired 150,000 ordinary shares in the Company on 9 January 2014 in Moscow. The volume of the transaction was 296,700,000 Russian rubles.