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 5,482 ordinary shares in the Company on 24 March 2014 in Moscow. The volume of the transaction was 9,995,567.40 Russian rubles.