PJSC "LUKOIL" (hereinafter – the Company) announces the completion of the buy back programme which was announced on August 30, 2018.

From the start of the buy-back programme LUKOIL Securities Limited (a 100% subsidiary of the Company) purchased in aggregate on the regulated trading venues 13,506,650 ordinary shares and 23,696,806 depositary receipts for the total amount of USD 3 billion. The acquired securities represent 4.96% of the Company's charter capital.

INFORMATION

The press release on the start of the buy-back programme is available at the following link: https://www.lukoil.com/PressCenter/Pressreleases/Pressrelease?rid=287111

CONTACT INFORMATION

Press Centre PJSC "LUKOIL"

media@lukoil.com

+7 (495) 627-16-77

https://www.lukoil.com

https://www.facebook.com/Lukoil.en

https://twitter.com/lukoilengl