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November 26, 2004

IFC METROPOL as financial consultant to ОАО Gazprom

IFC METROPOL acted as a financial consultant to OAO Gazprom for the acquisition of 100% of OOO Purgazdobycha from OAO Novatek. Purgazdobycha owns a license for the development of the Zapadno-Tarkosolinskoye gas-oil-condensate deposit.

The deal envisaged the exchange of the assets between Gazprom and Novatek. As a result, Novatek bought the OAO Zapsibgazprom-owned 8.34% of shares of OAO Purneftegazgeologia. And Gazprom acquired 100% of OOO Purgazdobycha from Novatek. OOO Noyabrskgazdobycha will develop the Zapadno-Tarkosolinskoye deposit.

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"METROPOL" Investment Financial Company Ltd.
Phone: 8 (495) 933-3310
Address: 13 bld 1 Donskaya str, Moscow, Russia 119049