Gazprom’s Board of Directors will convene on its next meeting on February 1, at 3pm Moscow time. The meeting agenda is as follows:

· Gazprom’s Annual General Shareholders’ Meeting.

· Nominations for Gazprom’s Board of Directors and Auditing Commission and Annual General Shareholders’ Meeting agenda.

· Gazprom’s preliminary operating highlights for 2005 and draft investment program, budget (financial plan) and cost optimization (reduction) program for 2006.

· The role of independent gas producers in gas supply to domestic consumers and Gazprom’s export portfolio expansion.