NOTIFICATION OF TRANSACTIONS OF DIRECTORS,
PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES OR CONNECTED PERSONS
OAO LUKOIL (the “Company”) was informed that Mr. I. A. Maslyaev, Vice President and member of the Management Committee of the Company, acquired 4,466 ordinary shares in the Company on 7 November 2012 in Moscow. The volume of the transaction was 8,708,700 Russian rubles.