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GAZPROM

April 7, 2004

Results of Alexey Miller and Klaus-Peter Mullerís working meeting

A working meeting between Alexey Miller, Gazpromís Management Committee Chairman and Klaus-Peter Muller, Chairman of the Board of Commerzbank AG, was held today at Gazpromís Headquarters.

The parties discussed prospects for cooperation in attracting investments to implement Gazpromís large-scale projects.

A. Miller and K.-P. Muller pointed out that Commerzbank was one of Gazpromís core partners in project financing and highly evaluated joint projects on arranging for long-term loans.

The parties exchanged opinions on financing Gazpromís projects in the CIS and EU countries.

Reference:

Commerzbank AG is one of the largest financial institutions in Germany and Europe and has branches in 43 countries of the world.

Commerzbank is a member of a range of banking consortiums granting large loans for Gazpromís projects, including designing the MIDAL-STEGAL and Blue Stream gas pipelines.

At the start of 2004, Commerzbank served as co-arranger for a long-term loan granted to Gazprom.

DIVISION OF RELATIONS WITH MASS MEDIA

 

 

 

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