OREANDA-NEWS  On 18 September LUKOIL press service announced that persons discharging managerial responsibilities in the Company acquired ordinary shares of LUKOIL through a related party on September 11, 2008.

Vagit Yu. Alekperov, President of LUKOIL, acquired 298,069 shares of LUKOIL at RUR 1,586 per share.

Leonid A. Fedun, Vice President of LUKOIL, acquired 276,245 shares of LUKOIL at RUR 1,586 per share.

As a result of these transactions Mr. Alekperov’s and  Mr. Fedun’s direct and indirect holdings amount to 20.58% and 9.25% respectively of the issued ordinary shares of LUKOIL.