A regular meeting of the Gazprom Board of Directors will take place on July 12, at 3:00pm Moscow time. The Board of Directors will deliberate on the following agenda items:

• Gazprom’s strategic development targets subject to approval by the Board of Directors;
• Gazprom Group’s consolidated property register filing status;
• Approval of the auditor’s remuneration for auditing the Gazprom accounting statements for 2006;
• Approval of interested party transactions with Zarubezhneft and Stroytransgaz;
• Consolidation of Gazprom’s assets in the household has appliances manufacture sector;
• Gazprom Board of Directors’ action plan for the 2nd half of 2006;
• Membership of the Gazprom Board of Directors’ Committee for Audit;
• Membership of the Gazprom Board of Directors’ Committee for Asset Evaluation.