Loan Facility Obtained

Rusneftegaz obtained a shareholder loan facility worth $125,0 million on 4 January 2017, secured with a charge on the Group's assets. The agreement does not bear any interest and will mature after one year, with proceeds from the facility approved to be utilized for general business purposes, including the granting of funds to our subsidiaries. In this instance, the board of directors intends to deploy the borrowed capital to acquire new equipment, as part of the ongoing investment in our energy infrastructure.