Depositary receipt program

Programs of American and Global Depositary Receipts (ADRs and GDRs) issued on Company shares continued in 2011. The receipts were traded on over-the-counter markets in the US, the UK, Germany and elsewhere. One ADR is equivalent to five common shares of Gazprom Neft. At the end of 2011, the total number of ADRs issued on common shares was equivalent to 93 mn shares (2.0% of the Company’s registered capital).

Trading in Gazprom Neft ADRs amounted to USD 1,209 mn in 2011, of which USD 1,123 mn was through the IOB system of the London Stock Exchange, USD 44 mn on the OTCQx market, and USD 42 mn on other markets in Europe (mostly Germany).

The depository for receipts on shares of Gazprom Neft is the Bank of New York Mellon (101 Barclay Street, 22nd Floor, New York, New York, 10286).

Gazpr om Neft ADRs