Russia: NOVATEK Board Announces Date of Annual General Meeting of Shareholders

OAO NOVATEK today has announced that the Company’s Board of Directors has determined the date for NOVATEK’s Annual General Meeting of Shareholders.

The Company’s AGM will take place on 28 April 2011. Shareholders of record at the close of business on the 22 March 2011 will be entitled to participate in the Company’s AGM. All relevant materials pertaining to the AGM will be made available to shareholders of record through the appropriate notification channels.

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 Autonomous Region, which is the world’s largest natural gas producing area and accounts for approximately 83% of Russia’s natural gas production and 16% of the world’s gas production.

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Source: NOVATEK, March 3, 2011;