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 10,000 ordinary shares in the Company on 8 November 2012 in Moscow. The volume of the transaction was 19,338,965 Russian rubles.