OREANDA-NEWS. OAO NOVATEK announces the change of the depositary bank administering the Company's Global Depositary Receipts (GDR) program.

The currently appointed depositary bank for the Company's GDR program is Deutsche Bank Trust Company Americas. The Company has agreed to appoint Bank of New York Mellon as the new depositary from 29 February 2016.

Holders of NOVATEK's GDRs are not required to take any action in connection with the depositary change.

The Bank of New York Mellon Corporation is one of the leading asset management and securities servicing companies. It is a member of the United States Federal Reserve System.