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Conference call: third quarter and nine months 2005 IFRS financial results

25.11.2005

Moscow, 25 November 2005. OAO NOVATEK, (NVTK, NVATY) Russia’s leading independent natural gas producer, will hold its quarterly conference call to discuss its third quarter and nine months 2005 IFRS results at 6:00 p.m. Moscow time on Monday, November 28.

OAO NOVATEK’s third quarter and nine months 2005 IFRS results are available at, http://www.novatek.ru, together with the Company’s press release.

PARTICIPANTS: Mark Gyetvay, Chief Financial Officer

DATE: Monday, 28 November 2005

TIME: 3:00 p.m. GMT; 6:00 p.m. Moscow time, 10:00 a.m. New York time

PASSWORD: Participants to quote NOVATEK to gain access to the call

SPONSORED BY: Morgan Stanley and UBS

DIAL IN NUMBERS:

UK020 7162 0025
International+44 20 7162 0025
US Toll-Free+1 877 491 0064

REPLAY NUMBERS:

UK Instant Replay:
Start Date: 28/11/05
Delete Date: 05/12/05
Dial in number +44 (0) 20 7031 4064
Passcode: 685377

US Instant Replay:
Start Date: 28/11/05
Delete Date: 05/12/05
Dial in number +1 954 334 0342
Free phone number: +1 888 365 0240
Passcode: 685377

For further information, please visit www.novatek.ru or contact:

Press Service
Mikhail Lozovoy
+7 (095) 721 22 07
press@novatek.ru

Investor Relations
Alexey Ivanov
+7 (095) 730 6020
ir@novatek.ru

NOVATEK is Russia’s largest independent gas producer and the second-largest natural gas producer in Russia. Founded in 1994, the Company is engaged in the exploration, production, processing and marketing of natural gas and liquid hydrocarbons. The Company’s upstream activities are concentrated in the prolific Yamal-Nenets Region, which is the world's largest natural gas producing area and accounts for over 90% of Russia's natural gas production and 20% of the world’s gas production. NOVATEK is an open joint stock company established under the laws of the Russian Federation. The Company’s shares are listed on the Russian Trading System (RTS) and the London Stock Exchange (LSE) under the ‘NVTK’ ticker symbol and on the NASDAQ PORTAL System as Rule 144A GDR under the “NVATY”.



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