Information on conference call re 1Q results

Information about conference call regarding the IFRS results for the first quarter of 2014

16 June 2014

The Company's representatives will discuss the IFRS financial highlights for the first quarter of 2014 on a conference call on 19 June 2014 at 16:00 Moscow time, 13:00 London time, 08:00am New York time.

To participate in the conference call, please dial any of the following numbers*:

United Kingdom: 0800 068 0521;

USA: +1 855 442 0876;

Russia: 8 800 100 9635;

All other locations: +44 203 478 5921

Password to gain access to the conference call is "Tatneft".

The conference call replay will be available for 14 days upon completion of the call by dialing* +44 121 260 4861 (international dial-in) or +1 866 268 1947 (USA), using PIN 9475971 followed by the # sign.

* JSC Tatneft shall not be liable for inability to use any of the free numbers.