September 5, 2018, Moscow, Russia - following the approval of the Rosneft open market share buyback program (the «Program») by the Board of Directors, Rosneft appointed UBS as an independent agent to conduct the open market share buyback on behalf of the Company.

The Program approved by the Board is aimed to deliver superior shareholder returns in case of substantial market volatility.

Appointing one of the leading global financial institutions as an agent will ensure high transparency standards of the Program and its strict compliance with the terms approved by the Board of Directors and applicable laws and regulations.

About UBS:

UBS is a global financial services firm headquartered in Zurich and Basel, Switzerland.

UBS is a market leader in stock trading, having been ranked #1 in Pan-European equity trading and execution over the past several years according to Extel.

Rosneft Oil Company
Tel.: + 7 (499) 517-88-97
September 5, 2018

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.

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OJSC Oil Company Rosneft published this content on 05 September 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 05 September 2018 08:11:05 UTC