NOVATEK's Shareholders Approve Interim Dividends

MOSCOW, Oct. 23, 2013 /PRNewswire/ -- The Extraordinary General Meeting of Shareholders ("EGM") of OAO NOVATEK ("NOVATEK" or the "Company") held on 22 October 2013 resolved to pay dividends for the first half 2013.

The EGM approved the interim dividends in the amount of RR 3.4 per one ordinary share or RR 34.0 per one Global Depositary Receipt with the total dividend distribution amounting to RR 10.3 billion. The dividends will be paid in cash by 21 December 2013. The list of persons entitled to receive dividends was compiled as at 16 September 2013.

For more information regarding the voting details of NOVATEK's EGM please go to the Company's website: http://www.novatek.ru/en/investors/meetings/

OAO NOVATEK is Russia's largest independent gas producer and the second-largest natural gas producer in Russia. Founded in 1994, the Company is engaged in the exploration, production, processing and marketing of natural gas and liquid hydrocarbons. The Company's upstream activities are concentrated in the prolific Yamal-Nenets Autonomous Region, which is the world's largest natural gas producing area and accounts for approximately 90% of Russia's natural gas production and approximately 17% of the world's gas production. NOVATEK is an open joint stock company established under the laws of the Russian Federation. The Company's shares are listed in Russia on MICEX-RTS Stock Exchange and the London Stock Exchange (LSE) under the ticker symbol «NVTK».

SOURCE OAO NOVATEK