NOTIFICATION
OF TRANSACTIONS OF DIRECTORS,
PERSONS
DISCHARGING MANAGERIAL RESPONSIBILITIES OR CONNECTED
PERSONS
OAO
LUKOIL (the “Company”) was informed that Mr. S. A. Mikhailov, a member of the
Board of Directors of the Company, sold 70,270 ordinary shares in the Company on
16 June 2010 in Moscow. The volume of the transaction was
120,172,995 Russian rubles.