NOTIFICATION OF TRANSACTIONS OF DIRECTORS,
PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES OR CONNECTED PERSONS
OAO LUKOIL (the “Company”) has received notification that Mr. I. A. Maslyaev, Vice-President and member of the Management Committee of the Company, purchased 4,690 ordinary shares in the Company on 01 October 2014 in Moscow. The volume of the transaction was 9,497,250.00 Russian rubles.