Surgutneftegas

Pre-Annual General Meeting Information • May 18, 2012

OJSC Surgutneftegas / Miscellaneous

18.05.2012 18:50

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Information Statement on Certain Resolutions passed by the Board of Directors of OJSC 'Surgutneftegas'

Quorum for the meeting of the Issuer's Board of Directors (Supervisory Board) and results of the voting on the issues to adopt resolutions: According to the Charter, the number of the members of the Board of Directors is 9 persons. The actual number of the members of the Board of Directors is 8 persons. Seven members of the Board of Directors took part in the voting. This meeting is competent to pass resolutions. The resolution is passed by 7 votes.

Content of the resolutions passed by the Issuer's Board of Directors The Board of Directors resolved:

Regarding the first issue of the agenda: 1. To take the report of the Auditing Committee of OJSC 'Surgutneftegas' based on the audit of the annual accounting statements of OJSC 'Surgutneftegas' for 2011 and reliability of data in the annual report of OJSC 'Surgutneftegas' for 2011 into consideration. 2. To take the audit opinion based on the audit of the annual accounting statements of OJSC 'Surgutneftegas' for 2011 into consideration. 3. To take the report of the Audit Committee of the Board of Directors for 2011 into consideration. 4. To approve provisionally the annual report of OJSC 'Surgutneftegas' for 2011. 5. To approve provisionally the annual accounting statements of OJSC 'Surgutneftegas', including the profit and loss account, for 2011.

Regarding the second issue of the agenda: 1. To submit the distribution of profit (loss) of OJSC 'Surgutneftegas' for 2011 for approval of the annual general shareholders' meeting. 2. To recommend the annual general shareholders' meeting of OJSC 'Surgutneftegas' to declare the following dividends for 2011: RUB 2.15 per preferred share of OJSC 'Surgutneftegas', RUB 0.6 per ordinary share of OJSC 'Surgutneftegas'; dividends shall be paid in accordance with the procedure recommended by the Board of Directors. Dividends shall be paid not later than on 28 August 2012. 3. To recommend the procedure for dividend payment for OJSC 'Surgutneftegas' shares for 2011 to the annual general shareholders' meeting.

Regarding the third issue of the agenda: To propose Limited Liability Company 'Rosexpertiza' as the auditor of OJSC 'Surgutneftegas' for 2012 for approval by the annual general shareholders' meeting of OJSC 'Surgutneftegas'.

Regarding the fourth issue of the agenda: 1. To approve draft resolutions for approval by the annual general shareholders' meeting of OJSC 'Surgutneftegas'. 2. To approve the form and text of ballot papers for voting at the annual general shareholders' meeting of OJSC 'Surgutneftegas'. Ballot papers shall be sent to shareholders before 8 June 2012. 3. To approve the scope of documents and information to be made available to persons entitled to participate in the annual general shareholders' meeting.

Regarding the fifth issue of the agenda: 1. In order to make the cost estimate, to instruct Director General to approve the cost estimate for the annual general shareholders' meeting. 2. To approve the members of the secretariat for the annual general shareholders' meeting of OJSC 'Surgutneftegas'.

Date of the meeting of the Issuer's Board of Directors which passed the above resolutions: 18 May 2012.

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Language:	English
Company:	OJSC Surgutneftegas
	Grigoriya Kukuyevitskogo, 1, bld.1
	628415 Surgut
	Russia
Phone:
Fax:
E-mail:
Internet:	www.surgutneftegas.ru
ISIN:	US868861204
Category Code:	MSC
LSE Ticker:	SGGD
Sequence Number:	1094
Time of Receipt:	May 18, 2012 18:50:28
End of Announcement		EquityStory.RS, LLC News-Service

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