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VNV Global Board/Management Information 2013

May 27, 2013

3125_rns_2013-05-27_ffe298b9-334c-4af0-aaa7-a6bf2c69346d.pdf

Board/Management Information

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Press Release May 27, 2013

Vostok Nafta announces that Lukas H. Lundin and C. Ashley Heppenstall have resigned as board members

Vostok Nafta announced on May 21, 2013 that Lorito Holdings (Guernsey) Limited and Zebra Holdings and Investments (Guernsey) Limited had sold all of their Swedish Depository Receipts ("SDRs") in Vostok Nafta Investment Ltd. representing 31.1% of the total number of SDRs in Vostok Nafta. The selling entities are investment companies owned by a trust whose beneficiaries are members of the family of the late Adolf Lundin.

Following the transaction, Lukas H. Lundin and C. Ashley Heppenstall have notified the Company that they resign from the board of directors of Vostok Nafta.

The board of directors of Vostok Nafta, consisting of Lars O Grönstedt, Al Breach and Per Brilioth following the resignation from the board of Lukas H. Lundin and C. Ashley Heppenstall, have resolved to select Lars O Grönstedt as interim chairman and convene a Special General Meeting, date to be announced later, for the election of board members and appointment of a permanent chairman of the board.

For further information, please contact:

Per Brilioth, Managing Director or Robert Eriksson, Head of Investor Relations: Tel: +46 8 545 015 50.

www.vostoknafta.com