OREANDA-NEWS. The following Board of Directors of OAO "LUKOIL" was elected by the shareholders:
1 Vagit Alekperov President of OAO "LUKOIL"
2 Victor Blazheev Rector of the O.E. Kutafin Moscow State Academy of Law
3 Valery Grayfer Chairman of the Board of Directors of OAO RITEK
4 Igor Ivanov President of the International Affairs Council, formerly Minister of Foreign Affairs, Secretary of the Russian Security Council
5 Ravil Maganov First Executive Vice-President of OAO "LUKOIL"
6 Roger Munnings member of the UK Government's working group on trade and investments between Great Britain and Russia, Chairman of the Institute of Audit Committees in Russia; Deputy Chairman of the management board of the Association of European Business (AEB), member of the Institute of certified accountants of England and Wales; member of the Russian National Council on Corporate Governance, the Russian Union of Industrials and Entrepreneurs, the Russian Institute of Directors, the Management Board of the American-Russian Business Council, the Management Board of the Russian-British Chamber of Commerce
7 Richard Matzke former Vice Chairman of Chevron Corporation
8 Sergei Mikhailov Chairman of the Board of Directors of ZAO Gruppa Kapital Upravlenie aktivami [Kapital Group Asset Management]
9 Guglielmo Antonio Claudio Moscato Chairman and CEO of Gas Mediterraneo & Petrolio
10 Ivan Pictet Chairman of the UN Investments Committee of the UN Joint Staff Pension Fund Board (NY, USA), member of the International Advisory Board of Blackstone Group International Limited, AEA European Advisory Board, AEA Investors LP Global Advisory Board (NY, USA), member of the Board of Directors of Symbiotics, Chairman of the Board of PSA International SA, President of the Fondation pour Genиve and Chairman of the Fondation Pictet pour le Dйveloppement
11 Leonid Fedun Vice President for Strategic Development of OAO LUKOIL

Valery Grayfer was elected Chairman of the newly elected Board of Directors of OAO "LUKOIL" at the Board of Directors meeting held after the Annual General Shareholders Meeting.