OREANDA-NEWS. March 21, 2014. Rosneft reports changes in number of shares in the Company charter capital owned by President and top management of Rosneft.

Igor Sechin, President, Chairman of the Management Board of Rosneft, increased his holding from 0.0849% to 0.1273%

Eric Maurice Liron, Member of the Management Board, First Vice President of Rosneft, increased his holding from 0.0035% to 0.0051%

Rashid Sharipov, Deputy Chairman of the Management Board, Vice President, Head of Rosneft President Office, increased his holding from 0.00004% to 0.000042%

Larisa Kalanda, Member of the Management Board, State Secretary-Vice President of Rosneft, increased her holding from 0.0194% to 0.0205%

Andrey Votinov, Member of the Management Board, Vice President of Rosneft, increased his holding from 0.0019% to 0.0023%

Yuri Kalinin, Member of the Management Board, Vice President of Rosneft, increased his holding from 0.0015% to 0.0019%

Didier Casimiro, Member of the Management Board, Vice President of Rosneft, increased his holding from 0.0031% to 0.0043%

Igor Maydannik, Member of the Management Board, Vice President of Rosneft, increased his holding from 0.0035% to 0.0041%

Igor Pavlov, Member of the Management Board, Vice President of Rosneft, increased his holding from 0.0025% to 0.0026%

Zeljko Runje, Member of the Management Board, Vice President of Rosneft, increased his holding from 0.0023% to 0.0036%

Svyatoslav Slavinskiy, Member of the Management Board, Vice President of Rosneft, increased his holding from 0.0031% to 0.0036%

Peter Lazarev, Member of the Management Board, Financial director of Rosneft, increased his holding from 0.0038% to 0.0042%

Andrey Shishkin, Vice President of Rosneft, increased his holding from 0.0028% to 0.0036%

Igor Borbot, Director of Technology Localization Division of Rosneft, increased his holding from 0.0007% to 0.0012%

 Aleksandr Sokolov, Director of Finance Department, increased his holding from 0.0002% to 0.0003%

Mikhail Leontyev, Press Secretary, Director of Information and Advertisement Department of Rosneft, in the rank of Vice President, acquired a 0.0004% stake.

Rosneft top managers acquired interests in the Company using their own funds as well as borrowings.

Rosneft’s management participation in the charter capital is in line with best international practices and is also an integral part of Rosneft corporate culture. Executives are incentivized to improve the Company’s performance, as well as its operating and financial results.

The increase in the charter capital of Rosneft’s top managers exemplifies the confidence in the Company’s further progress and the growth of its shareholder value.