OREANDA-NEWS. May 30, 2007.  Transneft’s Directors Board preliminary approved distribution of revenues under 2006 results. The revenue totaled RUR3 504 877 476. 47

The annual general meeting of shareholders is instructed to approve revenue distribution as follows:

- for dividends payment under results of 2006 in the amount of RUR822 700 113,71
- for operating development and other similar events for creation of a new property ( financing of works for execution of one-phased-designing with development of the Declaration of intention and working documentations with regard to the Baltic Pipeline system project) - RUR2 682 177 362 ,76