Acquisition of the Government Stake in Bashneft

Announcement of the acquisition of the Government's Stake of Bashneft

Rosneft today signed the Sale and Purchase Agreement for the Government's stake of Bashneft Public Joint Stock Company and fully fulfilled its obligations under the agreement, by paying RUB 329.7 bln to the accounts of the Federal Treasury. The deal for the acquisition of the controlling share of the Company is closed.

Rosneft Information Division

Tel.: + 7 (499) 517-88-97

October, 12, 2016

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