At the end of yesterday’s meeting of JSC Gazprom’s Board of Directors, Dmitry Medvedev, the Board Chairman conducted a session of the Working Group for the Gazprom’s share market liberalization.

The meeting reviewed the progress in the preparations to lift restrictions on the trading of Gazprom’s shares and discussed a plan of further activities to liberalize the share market.

The meeting adopted a decision to provide the RF Government and State Duma with proposals on amendments to legislative acts that would result in:

 - full lifting of restrictions on the purchase of Gazprom’s shares by non-residents;

 - lifting of restrictions on a list of stock exchanges entitled to trade in Gazprom’s shares.

A respective set of documents will be shortly submitted by the RF Economic Development & Trade Ministry to the RF Government.

The Working Group confirmed its plans to complete the Gazprom’s share market liberalization before the end of this year.

DIVISION OF RELATIONS WITH MASS MEDIA