OREANDA-NEWS. The General Annual Shareholders’ Meeting of OJSC “Surgutneftegaz” approved the annual report of the company for 2006.

The decision was made to approve distribution of profit (loss) of
OJSC “Surgutneftegas” for 2006. The shareholders resolved “To approve profit distribution (loss) of OJSC “Surgutneftegas” for 2006 and to declare dividend payment for 2006 at the amount of RUR 0.71 per a preferred share and
RUR 0.53 per an ordinary share.

Dividend payment shall be carried out in accordance with the procedure recommended by the Board of Directors. The date when dividend payment is commenced is May 21, 2007. The date when dividend payment is terminated is July 04, 2007.

OJSC “Surgutneftegas” shareholders resolved to approve Limited Liability Company “Rosekspertiza” as the Auditor of OJSC “Surgutneftegas” for 2007.