OREANDA-NEWS. The Board of Directors (the “Board”) of OAO NOVATEK (“NOVATEK” and/or the “Company”) approved today the Report on shareholders requests for buyback by the Company of their holdings of NOVATEK shares (the “Report”). According to the Report, the shareholders requested buyback of 5,845 ordinary shares which represents 0.00019% of total outstanding shares of NOVATEK.