Moscow, June 22, 2006. At an annual general meeting held on June 22 OJSC Gazprom Neft shareholders approved the dividend payout for 2005 in the amount of 7.90 rubles per ordinary share, which on the whole amounts to 37 465 bln. rubles. Dividend payments would be carried out May 31, 2007.

OJSC Gazprom Neft shareholders elected the Board of Directors:
Chairman of the Board of OJSC Gazprom - Alexey Miller
Deputy Chairman of the Board of OJSC Gazprom - Andrey Kruglov
Deputy Chairman of the Board of OJSC Gazprom and President of OJSC Gazprom Neft - Alexander Ryazanov
Head of marketing and gas and liquid carbons refining department of OJSC Gazprom - Kirill Seleznev
Head of legal department of OJSC Gazprom - Konstantin Chuychenko
Head of gas, gas condensate and oil production department of OJSC Gazprom - Vasiliy Podyuk
Head of estate administration and corporate relations department of OJSC Gazprom - Olga Pavlova
Head of corporate finance of ZAO YUKOS-RM - Yuri Khudyakov
Director of directorate of shareholder relations of ZAO YUKOS-RM - Sergey Bisirkin

Andrey Belobrov, Anatoliy Kluchnikov and Vitaliy Kovalev entered the Audit Commission, and ZAO PriceWaterHouse Coopers was elected as an auditor of OJSC Gazprom Neft for 2006.

Shareholders also approved the annual report and accounting statements of OJSC Gazprom Neft for 2005.