NOTIFICATION BY PERSONS DISCHARGING

MANAGERIAL RESPONSIBILITIES

Moscow, 27 June 2013 . OAO NOVATEK (“NOVATEK” and/or the “Company”) has received notice from the Chairman of the Company’s Management Committee Leonid Mikhelson regarding a change in his direct equity stake of ordinary shares of NOVATEK.

Name  

% of ordinary shares
prior to notification

 

% of ordinary shares
after notification

 

Date of notification of
change in equity stake

Leonid V. Mikhelson 0.6814% 0.6878% 27.06.2013

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For further information, please visit www.novatek.ru or contact:

Press Service       Investor Relations
+7 (495) 721 2207 +7 (495) 730 6013

press@novatek.ru

ir@novatek.ru

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OAO NOVATEK is Russia’s largest independent gas producer and the second-largest natural gas producer in Russia. Founded in 1994, the Company is engaged in the exploration, production, processing and marketing of natural gas and liquid hydrocarbons. The Company’s upstream activities are concentrated in the prolific Yamal-Nenets Autonomous Region, which is the world’s largest natural gas producing area and accounts for approximately 90% of Russia’s natural gas production and approximately 17% of the world’s gas production. NOVATEK is an open joint stock company established under the laws of the Russian Federation. The Company’s shares are listed in Russia on MICEX-RTS Stock Exchange and the London Stock Exchange (LSE) under the ticker symbol “NVTK”.