NOTIFICATION OF TRANSACTIONS OF DIRECTORS,
PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES OR CONNECTED PERSONS
OAO LUKOIL (the “Company”) has received notification that Mr. A. A. Shamsuarov, Senior Vice-President and member of the Management Committee of the Company, acquired 10,840 ordinary shares in the Company on 16 April 2014 in Moscow. The volume of the transaction was 19,982,512.60 Russian rubles.