NOTIFICATION OF TRANSACTIONS OF DIRECTORS,
PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES OR CONNECTED PERSONS
OAO LUKOIL (the “Company”) has received notification that Mr. A. A. Barkov, Vice President and member of the Management Committee of the Company, acquired 20,745 ordinary shares in the Company on 31 October 2012 in Moscow. The volume of the transaction was 39,911,935 Russian rubles.