Preliminary 2017 Calendar Published

Rusneftegaz has published a provisional calendar for the forthcoming fiscal year, with the presentation of our consolidated financial statements on 4 April 2017 serving as the main highlight of what is set to be an eventful twelve months for us. The disclosure of this material is to be immediately followed by our Annual General Meeting, which is also scheduled to take place later in the same week, and should ultimately yield productive discussions with our key stakeholders regarding our short and long-term strategies. Presently, this conference is intended to be held on 7 April 2017, although this date may be subject to change if any subsequent announcements are made. In adherence with our established protocols, we have devised a strategy to continue to provide full quarterly production reports four weeks after the conclusion of each reporting period. However, it is crucial to note that there may be potential variances between the time this information is uploaded to our website and when this material is made available to our affiliated parties.

​In more the more immediate future, it is worth noting that our capacity to respond to nonessential matters, including communications received via email and telephone, will be limited due to the staff vacations occurring through the Christmas and New Year holiday. This forthcoming disruption, spanning from 26 December 2016 and 9 January 2017, will only have an impact our administrative functions, and therefore will not have any bearing on our other operational activities. Therefore, it is imperative that all correspondences be submitted promptly to ensure a timely reply. Nevertheless, all messages received during this timeframe will be closely monitored, and ultimately attended to if deemed essential. Likewise, at the end of this period, we will do our utmost to address all these messages within one working day. The full preliminary calendar is available to view on our official website, and whilst all the aforementioned dates are liable to be altered by the board, any such adjustments are unlikely at this time. Any queries pertaining to this announcement, should be directed through the customary channels as soon as practical to do so, principally to ensure a response before our ability to do so is constrained. We appreciate your cooperation and understanding in relation to this pertinent matter.