Gazprom’s Board of Directors’ ordinary meeting will take place on 29 October, at 4:00 pm Moscow time. The meeting agenda will be as follows:

• Main principles of Gazprom’s budgeting system development
• Main principles of Gazprom’s Cost Optimization (Reduction) Program formulation
• Program on gas use in Central Asia, including meeting Russia’s gas needs
• Common gas transmission tariff introduction timings and regulations
• Gazprom’s acquisition of Latvijas Gaze’s 9% stake
• Approval of the Report on the results of the issue of Gazprom’s A5 non-convertible interest-bearing documentary pay-to-bearer bonds
• Coordination of transactions, which fall under the Board of Directors’ authority

The Board of Directors also plans to address the issue of Gazpromneft’s foundation

DIVISION OF RELATIONS WITH MASS MEDIA