Gazprom’s Board of Directors’ ordinary meting will be held on January 27, 2004, at 3:00 pm Moscow time. The meeting agenda is as follows:

The Gazprom Group’s Budget (Financial Plan), Investment Program and Cost Reduction Program for 2004

Enhancement of the Gazprom Group’s procurement system, primarily, through a contest-based award of contracts

Sibur’s Development Concept and Business Plan

Participation of Gazprom’s Management Committee Members in managing corporate investment projects

Gazprom’s Board of Directors’ Business Plan for the 1st quarter of 2004

DIVISION OF RELATIONS WITH MASS MEDIA