Dear Madam/Sir,

We would like to inform you that Bashneft unaudited consolidated results for the second quarter of 2010 will be announced on Monday, September 13, 2010. The conference call with the management is scheduled for 5.00 pm Moscow time (9.00 am (ET), 2.00 pm (UK), 3.00 pm (CET)).

Earnings press-release and the management’s slide presentation will be available on the corporate website https://www.bashneft.rufrom 11.30 am Moscow time (3.30 am (ET), 8.30 am (UK), 9.30 am (CET)) on September 13, 2010.

Conference call speakers:

- Victor Khoroshavtsev – President, Bashneft

- Alexey Kurach – Vice President for Finance, Bashneft

To participate in the conference call, please dial:

1. Dial the Access number:

Moscow: +7(495) 745 7839  

UK/ International: +44(0)20 7075 6551

US:   Ìîñêâà: +1 703 621 9125

2. Dial the PIN Code 456565# for Russian Feed, dial the PIN Code 894346# for English Feed

3. You will be asked for your name.

Best regards,

Corporate Communications Department, Bashneft.