NOTIFICATION OF TRANSACTIONS OF DIRECTORS,
PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES OR CONNECTED PERSONS
OAO LUKOIL (the “Company”) has received notification that Mr. V. Yu. Alekperov, President and member of the Board of Directors of the Company, acquired 85,000 ordinary shares in the Company on 10 June 2014 in Moscow. The volume of the transaction was 173,833,500 Russian rubles.