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GAZPROM

December 25, 2003

Gazprom's Board of Directors examined the floatation date of the company's A3 series bonds

At a meeting held today at Gazpromís headquarters the Companyís Board of Directors fixed February 3, 2004, as the floatation date of Gazpromís A3 series non-convertible interest-bearing documentary bonds.

Reference:

On August 5, 2003, the RF Federal Commission for the Securities Market registered Gazpromís Prospectus of the A3 series non-convertible interest-bearing documentary bonds (with obligatory centralized custody). The issue state registration number is 4-03-00028-A.

The RR 10 billion bond issue has the maturity period of 3 years. Gazpromís Board of Directors adopted the Bond issue resolution on June 26, 2003.

The Board of Directors delayed the consideration of the issue of the Companyís procurement system contest-based development until the next meeting.

DIVISION OF RELATIONS WITH MASS MEDIA

 

 

 

 

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