A regular meeting of the Gazprom Board of Directors will take place on July 11, at 3:00pm Moscow time. The Board of Directors will deliberate on the following agenda items:

• Changes in the Gazprom Investment Program and Budget (Financial Plan) 2007;
• Approval of the auditor’s remuneration for auditing the Gazprom accounting statements for 2007;
• Shareholders’ proposals and requirements on assembling the General Shareholders Meeting of Gazprom;
• Gazprom Board of Directors’ action plan for the 2nd half of 2007;
• Membership of the Gazprom Board of Directors’ Committee for Audit;
• Membership of the Gazprom Board of Directors’ Committee for Asset Evaluation.

The meeting will also address other issues falling under the authority of the Gazprom Board of Directors.