LUKOIL’S BOARD OF DIRECTORS APPROVES COMPOSITION OF COMPANY MANAGEMENT COMMITTEE AND ADOPTS BOARD OF DIRECTORS’ PLAN OF ACTIVITIES FOR 2004-2005
Monday, July 19, 2004
Composition of the Company’s Management Committee as well as the Board of Directors’ plan of activities for 2004-2005 were approved by the meeting of OAO LUKOIL Board of Directors in Moscow today.
The newly appointed Management Committee of OAO LUKOIL includes:
Vagit Yu. Alekperov – President
Anatoly A. Barkov – Vice-President
Sergei P. Kukura – First Vice-President
Ravil U. Maganov – First Vice-President
Ivan A. Masliaev – Head of the Main Division of Legal Support
Alexander K. Matytsyn – Vice-President
Anatoly A. Moskalenko – Head of the Main Division of Human Resources
Serik M. Rakhmetov – Vice-President
Yury F. Storozhev – Vice-President
Dmitri N. Tarasov – First Vice-President
Leonid A. Fedun – Vice-President
Evgueni Havkin – Secretary of the Board of Directors
Lubov N. Khoba – Chief Accountant
Dzhevan K. Cheloyants – Vice-President
Vagit S. Sharifov – Vice-President
The Board of Directors also adopted the main terms and conditions of agreements concluded with the Company’s President and members of the Management Committee. Material provisions of the agreements had received tentative approval of the Human Resources and Compensation Committee of the Board of Directors of OAO LUKOIL.
In accordance with the Federal law on “Joint Stock Companies” and recommendations drawn up by the Audit Committee of the Board of Directors of OAO LUKOIL, the Company’s Board of Directors determined the maximum fee payable for the audit of financial statements.
The Board of Directors outlined a plan of its activities for 2004-2005.
The Mission of OAO LUKOIL was also approved at today’s meeting. This document is available at the Company’s web sites: www.lukoil.ru and www.lukoil.com.
