The Gazprom Head Office today hosted a working meeting between Alexey Miller, Chairman of the OAO Gazprom Management Committee and Josef Ackermann, Chairman of the Management Board of Deutsche Bank AG.

The parties addressed the prospects for bilateral cooperation, placing a focus on matters such as consulting Gazprom when making acquisitions in Russia and abroad as well as financing these acquisitions.

The parties also reviewed the progress with the implementation of the Gazprom power generation strategy as well as studied the possibility of repaying in advance the loans taken by Gazprom with the participation of Deutsche Bank.

Reference:

The combined assets of Deutsche Bank Group account for EUR 1.058 trillion. The Bank provides financial services in 73 countries of the world.

Deutsche Bank AG acted as a co-arranger of a range of Eurobond issues and most large syndicated loans for OAO Gazprom as well as furnished the Company with a handful of direct loans.

Deutsche Bank served as a financial adviser for Gazprom on the sale of a 10.74 per cent stake in Gazprom to Rosneftegaz.

In September 2005, Deutsche Bank provided the fairness opinion on the price of Sibneft’s shares acquired by Gazprom Finance B.V., a Gazprom subsidiary.