OREANDA-NEWS.  OAO NOVATEK announced today that the Extraordinary General Meeting of Shareholders ("EGM") approved the election of new members to the Board of Directors.

The following members were elected to the Board of Directors:
* Andrei I. Akimov:  Chairman of the Management Board of Gazprombank (Joint Stock Company), Member of the Board of the Association of Russian Banks;
* Burckhard Bergmann: Member of the Advisory Board of the Union of German Science Funds;
* Michael Borrell: Senior Vice-President of Total Exploration & Production for Europe and Central Asia;
* Robert Castaigne: Member of the Board of Directors of SOCIETE GENERALE, VINCI and SANOFI;
* Leonid V. Mikhelson:  Chairman of NOVATEK's Management Board;
* Alexander Y. Natalenko: Honored Geologist of the Russian Federation and State Prize Laureate;
* Viktor P. Orlov: President of the Russian Geological Society (RosGeo), Chairman of the Science and Engineering Board of OAO Rosgeologia, Laureate of the State Prize of the Russian Federation in the field of science and technology;
* Gennady N. Timchenko: Member of the Board of Directors of PAO SIBUR Holding, Chairman of the French and Russian Companies Economic Board of the Franco-Russian Chamber of Commerce, Russian Co-Chair of the Russian-Chinese Business Council; and
* Andrei V. Sharonov: Dean of SKOLKOVO Moscow School of Management, Honored Economist of the Russian Federation.