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I. Graifer, Chairman of the Board of directors of LUKOILV. I. Graifer, Chairman of the Board of directors of LUKOILV. Alekperov, President of OAO LUKOIL V. Alekperov, President of OAO LUKOIL Oilmen of LUKOILOilmen of LUKOILProduction facilities of the Caspian Yuri Karchagin fieldProduction facilities of the Caspian Yuri Karchagin fieldOffshore platforme D6 in the Baltic Sea. Kratsovskoe fieldOffshore platforme D6 in the Baltic Sea. Kratsovskoe field Permnefteorgsintez Refinery Permnefteorgsintez RefineryVolgograd RefineryVolgograd Refinery Uhtaneftepererabotka Refinery Uhtaneftepererabotka Refinery Nijnegorodnefteorgsintez Refinery Nijnegorodnefteorgsintez RefineryMini refineries in KogalymMini refineries in KogalymPetrotel-LUKOIL (Romania)Petrotel-LUKOIL (Romania)LUKOIL Neftokhim Burgas (Bulgaria)LUKOIL Neftokhim Burgas (Bulgaria)Odessa Refinery (Ukraine)Odessa Refinery (Ukraine)Filling station commissioning in New-YorkFilling station commissioning in New-YorkChange of brand of a filling station in the USAChange of brand of a filling station in the USAIgor Sechin, Deputy Chairman of the RF Government, visits LUKOIL's fixed offshore ice-resistant platform in the Caspian Sea. December 16, 2009Igor Sechin, Deputy Chairman of the RF Government, visits LUKOIL's fixed offshore ice-resistant platform in the Caspian Sea. December 16, 2009LUKOIL’s arctic fleet welcomes ice-breaker “Varandey”, February 3, 2009LUKOIL’s arctic fleet welcomes ice-breaker “Varandey”, February 3, 2009Commissioning of the Yuzhno Khulchuyu Field. June 20, 2008Commissioning of the Yuzhno Khulchuyu Field. June 20, 2008The first large-tonnage oil shipment through the FOIROT (Varandey Oil Export Terminal). June 9, 2008The first large-tonnage oil shipment through the FOIROT (Varandey Oil Export Terminal). June 9, 2008Commissioning of KHAUZAK gas field in Uzbekistan. November 29, 2007Commissioning of KHAUZAK gas field in Uzbekistan. November 29, 2007Mounting of mooring cargo handling system on the FOIROT (Varandey Oil Export Terminal)Mounting of mooring cargo handling system on the FOIROT (Varandey Oil Export Terminal)Loading of FOIROT onto sea-going barges (Varandey Oil Export Terminal)Loading of FOIROT onto sea-going barges (Varandey Oil Export Terminal)Construction of Varandey TerminalConstruction of Varandey TerminalCommissioning of a catalytic reforming installation at the Volgograd RefineryCommissioning of a catalytic reforming installation at the Volgograd RefineryNakhodkinskoye gaz field commissioningNakhodkinskoye gaz field commissioningOil Spill Response Exercise in the Caspian SeaOil Spill Response Exercise in the Caspian SeaInternational training exercises at Varandey oil export terminalInternational training exercises at Varandey oil export terminalAnti-terrorism exercises at Vysotsk oil terminalAnti-terrorism exercises at Vysotsk oil terminalInternational anti-terrorism exercises at Volgograd RefineryInternational anti-terrorism exercises at Volgograd RefineryInternational exercise at RPK-Vysotsk LUKOIL-IIInternational exercise at RPK-Vysotsk LUKOIL-IIFire-prevention trainings in Kaliningrad RegionFire-prevention trainings in Kaliningrad RegionExercises “Kaliningrad 2004”Exercises “Kaliningrad 2004”Post cardsPost cardsSecuritiesSecuritiesPhotoPhotoEnvelopesEnvelopesStampsStampsReportsReportsFor Investors and AnalystsFor Investors and AnalystsFor ShareholdersFor ShareholdersGeneral Shareholders MeetingsGeneral Shareholders MeetingsShareholders EquityShareholders EquitySecurities trading statisticsSecurities trading statisticsFSA DisclosureFSA DisclosureFinancial ReportsFinancial ReportsLUKOIL Annual ReportsLUKOIL Annual ReportsLUKOIL Data BooksLUKOIL Data BooksLUKOIL Fact BookLUKOIL Fact BookSustainability ReportSustainability ReportCorporate Governance ReportCorporate Governance ReportFinancial FundamentalsFinancial FundamentalsOperating HighlightsOperating HighlightsPresentationsPresentationsFinancial CalendarFinancial CalendarInvestment calculatorInvestment calculatorAnalyst CoverageAnalyst CoverageInvestor Trips to Sites Investor Trips to Sites ContactsContactsLower VolgaLower VolgaUzbekistanUzbekistanPerm Perm Karachaganak Karachaganak West SiberiaWest SiberiaEgyptEgyptShareholder Relations Policy of OAO LUKOILShareholder Relations Policy of OAO LUKOILInvestment calculatorInvestment calculatorDividendsDividendsDepositary Receipts Depositary Receipts FAQFAQContactsContactsAnnual General Shareholders MeetingAnnual General Shareholders MeetingExtraordinary General Shareholders Meeting Extraordinary General Shareholders Meeting History of Share Capital History of Share Capital ShareholdersShareholdersCompany SecuritiesCompany SecuritiesShare price informationShare price informationDebt securities price informationDebt securities price informationShare price historyShare price historyInvestment calculatorInvestment calculatorOil and Gas ReservesOil and Gas ReservesExplorationExplorationOil ProductionOil ProductionGas Production Gas Production Oil RefiningOil RefiningOils and lubricantsOils and lubricantsGas Processing Gas Processing PetrochemicalsPetrochemicalsCrude Oil DeliveriesCrude Oil DeliveriesGas DeliveriesGas DeliveriesPetroleum Product MarketingPetroleum Product MarketingPersonnel Management PolicyPersonnel Management PolicySocial Code of OAO LUKOIL Social Code of OAO LUKOIL Charity and Social ActivitiesCharity and Social ActivitiesSportsSportsCorporate retirement programCorporate retirement programSupport for Orphanages and Educational Establishments for ChildrenSupport for Orphanages and Educational Establishments for ChildrenEducation Programs Education Programs Support for Medical Institutions Support for Medical Institutions Social Project ContestSocial Project ContestSupport for Museums and Folk GroupsSupport for Museums and Folk GroupsPublishing ProjectsPublishing ProjectsSupport for Religious ConfessionsSupport for Religious ConfessionsTargeted AssistanceTargeted AssistanceCorporate VolunteeringCorporate VolunteeringOAO LUKOIL's Special Projects OAO LUKOIL's Special Projects SpartakiadeSpartakiadeCompany Policy Company Policy Caring for the Environment Caring for the Environment Åcological monitoringÅcological monitoringCertificationCertificationImplementing the Kyoto ProtocolImplementing the Kyoto ProtocolGreen InitiativesGreen InitiativesNew Generation Motor FuelNew Generation Motor FuelUtilization of Associated Petroleum GasUtilization of Associated Petroleum GasGreen News LukoilGreen News LukoilRenewable energyRenewable energyAssociated SitesAssociated SitesSubsidiaries' WebsitesSubsidiaries' Websites
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History of Share Capital

Year Month Event
2011 February ConocoPhillips fully withdraws from OAO LUKOIL equity capital having sold the Company’s remaining shares on the open market.
2010 August As part of a program to raise investment attractiveness and market capitalization LUKOIL buys back 7.6% of its own shares from ConocoPhillips.
September Under agreement with ConocoPhillips, LUKOIL exercises its right to execute an option to buy back its own shares from ConocoPhillips and, jointly with a group of investors, buys 5% of the Company’s stock in the form of ADRs.
2006 - 2009  Unaltered.
2005 May The ratio of depositary receipts to OAO LUKOIL shares changes from 1 depositary receipt representing 4 OAO LUKOIL ordinary shares to 1 depositary receipt representing 1 OAO LUKOIL ordinary share for Level I depositary receipt programs (ISIN US6778621044) and depository receipts issued under Rule 144 A (ISIN US6778622034).
2004 September A public auction is held to sell 7.6% of OAO LUKOIL shares being in state ownership. The shares are acquired by Springtime Holdings Limited, an affiliate of the US company ConocoPhillips. On the auction day LUKOIL and ConocoPhillips announce establishment of a strategic alliance and conclusion of an agreement which enables ConocoPhillips to increase its stake in the share capital up to 20%. The government stake drops to 0%.     
2003  Unaltered.
2002 February The Charter is amended so that the Company share capital of RUR 21,264,081.375 no longer includes any preferred shares; the share capital comprises only 850,563,255 ordinary shares.
August The Company obtains a full listing for its ordinary shares and ADR Level I on the London Stock Exchange.
December Sale of 50,000,000 government-owned ordinary shares (via ÎÀÎ Project Privatization Company) on international stock markets in the form of depositary receipts. As a result, the government stake in OAO LUKOIL share capital shrinks to 7.6%.
2001 April Placement of an issue of ordinary shares registered in December, 2000. Actually placed are 18,431,061 shares.
May Amendments and addenda to the Charter related to an increase in the Company’s share capital are made. The share capital consists of 833,994,316 shares, including 756,782,452 ordinary shares and 77,211,864 preferred shares.
August State registration of 16,568,939 ordinary nominal shares placed by open subscription.
State registration of 77,211,864 convertible preferred shares.
September Placement of the ordinary shares registered in August of 2001, conversion of all preferred shares of the Company into the convertible preferred shares issued in August of 2001.
October Due to the placement of ordinary shares the share capital increases to RUR 21,264,081.375 and reaches 850,563,255 shares, including 773,351,391 ordinary shares and 77,211,864 convertible preferred shares.
November State registration of an issue of 77,211,864 ordinary shares and conversion into them of the existing convertible preferred shares.  
2000 April After fulfilling the conditions of the investment tender which took place in October of 1999, the tender winner is awarded the government’s stake which came to 8.24% of the Company’s new share capital (9% of the former share capital). As a result, the government-owned stake in the share capital is 14.58%.
December State registration of a new issue of 18,600,000 ordinary shares with the par value of RUR 0.025 each.
The government establishes OAO Project Privatization Company which receives 50,000,000 ordinary shares (6.13% of LUKOIL’s share capital) for the purpose of a subsequent sale on international stock markets.
1999 October Commercial tender with investment conditions to sell 67,184,480 (9% of the share capital) government-owned shares of LUKOIL.
1998  Unaltered.
1997 January Issue of the shares placed by subscription among the shareholders of subsidiaries in exchange for the shares of the subsidiaries in accordance with a resolution by the Annual General Shareholders’ Meeting, approval by the RF Government and Decree No. 327 by the RF President. A total of 32,000,000 shares are issued, including 19,800,000 ordinary shares and 12,200,000 preferred shares.
February Issue of American Depositary Receipts for preferred shares.
March Launch of exchange of the issued shares for the shares of subsidiaries.

June Increase in the share capital of the Company based on the results of the previous issue. The total number of shares is 746,563,255, including: 669,351,391 ordinary shares and 77,211,864 preferred shares. The  share capital reached RUR 18,664,081,375.
October Approval of the amendments to the overall privatization plan by the RF Ministry of State Property.In accordance with the Amendments to the overall privatization plan 26.9% of the  share capital is government-owned, including: RF Ministry of State Property - 6.6%; The Russian Federal Property Fund - 20.3% .
1996 January First issue of ADR Level 1 for ordinary shares.
March First issue of ADR Rule 144 A.
1995 March State registration of the share split.
1 share with the par value of RUR 1,000 is equal to 8 shares with the par value of RUR 125.

May Registration of the amendments and addenda to the Charter related to the share split (1 share with the par value of RUR 125 is transformed into 5 shares with the par value of RUR 25) and increase in the share capital by the amount of the additional issue. The charter capital comprises 714,563,255 shares with the par value of RUR 25, including: 649,551,391 ordinary shares and 65,011,864 preferred shares.
Additional issue of the Company’s shares placed by closed subscription among the shareholders of subsidiaries in exchange for the shares of subsidiaries pursuant to the RF President’s Decree No. 327 On Organizational Measures Aimed at Restructuring State-Owned Enterprises, Voluntary Associations of State-Owned Enterprises into Joint-Stock Companies dated April 1, 1995.
June Exchange started of the Company’s shares for shares of subsidiaries consolidated by the Company pursuant to the RF President's Decree No. 1403 dated November 17, 1992 and the RF Government’s Resolution No. 861 On Structural Improvements of the Joint Stock Company “Oil Company ‘LUKOIL’” dated September 1, 1995.
December Investment competition among Russian investors: 16% of shares of the Company's  share capital sold.
1994 March - April Sale of ordinary shares at a specialized voucher auction.
1993 April Establishment of OAO LUKOIL pursuant to the RF Government’s Resolution No. 299 On Establishment of Open Joint Stock Company “Oil Company ‘LUKOIL’”  dated April 5, 1993.
November Approval of the Overall Privatization Plan of the Company. Pursuant to the Overall Privatization Plan 90.77% of the share capital is government-owned, including: RF State Property Committee (held as federal property) - 45%; the Russian Federal Property Fund (to be sold) - 45.77%.

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