Notice of AGM

1 February 2010

Tatneft's Board approves date for annual shareholders meeting

At the meeting held on 1 February 2010 the Board of Directors of OAO Tatneft (the "Company") determined the date and the place of the Annual General Shareholders' Meeting of the Company (the "Meeting") dedicated to the results of Company's performance in 2009.

The Meeting will be held on 25 June 2010 in the Palace of Culture "Neftche" in Almetyevsk, Tatarstan, at 10:00 a.m. Moscow time. The Board also approved participants' registration procedure. The preliminary registration will be held from 15 to 24 June 2010, from 08:00 to 17:00 at the following address: 10, Gagarin Street, Almetyevsk (OAO Tatneft Property Department). The registration on the date of the Meeting will begin at 08:30 in the premises of the Palace of Culture "Neftche".

The list of persons entitled to participate in the Meeting will be drawn up based on the Company Shareholders Register data as of 08:00 a.m. 10 May 2010.

Forward-looking statements: This statement may contain certain forward-looking statements of OAO Tatneft. OAO Tatneft does not guarantee occurrence of any events mentioned in such statements as well as term of their occurrence.