October 1. Rosneft Board of Directors decided in its meeting on the correction of the key indicators of the consolidated business plan of the Company for 2014. The Board of Directors also reviewed the main strategic development goals of Rosneft. The Board of Directors authorized Rosneft Management Board to present Long-term development program of the Company up to 2030 for its approval in November 2014.

The Board of Directors confirmed the new texts of statues on the Board Committees and approved the creation of Arctic Development Subcommittee of the Board Strategic Planning Committee. Artur Chilingarov was elected chairman of the Subcommittee.

In addition, the Board approved new Board committee charters, and appointed Vice President for HR and Social Policy Yuri Kalinin Deputy Chairman of Rosneft Management Board.

Rosneft Information Division
Tel.: + 7 (499) 517-88-97
October 1, 2014

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