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Results of NOVATEK’s Extraordinary General Meeting of Shareholders

08.10.2007

Moscow, 8 October2007. OAO NOVATEK held an Extraordinary General Meeting of Shareholders on 4 October 2007 at which, the following agenda items were resolved: 
  • Approved the related party contract between OAO NOVATEK and OOO Mezhregiongaz for the purchase of natural gas.
  • Approved the related party contract between OAO NOVATEK and OAO Gazprom for services related to natural gas transportation.
  • Approved the interim dividend payment in the amount of RR 2,520,133,980 or RR0.83 per ordinary share (RR 8.30 per GDR).   

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

Press Service
+7 (495) 721 22 07
press@novatek.ru

Investor Relations
+7 (495) 730 60 13
IR@novatek.ru


***

OAO 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 ticker symbol ‘NVTK’ and on the NASDAQ PORTAL System as Rule 144A GDR under the ticker symbol “NVATY” .



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