NOTIFICATION OF TRANSACTIONS OF DIRECTORS,
PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES OR CONNECTED PERSONS
OAO LUKOIL (the “Company”) has received notification that Lihou Group Limited acquired 372,800 LUKOIL ADRs (each representing one ordinary share of the Company) on 5 March 2014 in London, UK. The volume of the transaction was USD 19,968,691.26. Lihou Group Limited is connected with Mr. Vagit Alekperov, President and member of the Board of Directors of the Company.