Q3 and 9M 2010 Financial Statements

Rosneft Publishes its Q3 and 9M 2010 Financial Statements

On November 1, 2010 Rosneft published its consolidated financial statements under US GAAP for Q3 and 9M 2010. The financial statements, Management's Discussion and Analysis and a related investor presentation are available on the Company's website at www.rosneft.com.

Rosneft Information DivisionTel.: +7 (495) 221-31-06[email protected]November 1, 2010

These materials contain statements about future events and expectations that are forward-looking in nature. Any statement in these materials that is not a statement of historical fact is a forward-looking statement that involves known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements expressed or implied by such forward-looking statements to differ. We assume no obligations to update the forward-looking statements contained herein to reflect actual results, changes in assumptions or changes in factors affecting these statements.