On 13 July, at 3pm Moscow time, Gazprom’s Board of Directors will convene on its ordinary meeting. The agenda is as follows:

• Gazprom’s pricing policy in connection with the intra-corporate account settlement, and its impact on the budget execution by the RF constituents;
• Endorsing remuneration to the auditing company for performing audit of Gazprom’s financial statements over 2005;
• Forming the Board of Directors’ Audit Committee;
• Forming the Board of Directors’ Asset Evaluation Committee;
• Gazprom’s Board of Directors’ business plan for the 2nd half of 2005 and a number of other matters that fall under the authority of the Board.

DIVISION OF RELATIONS WITH MASS MEDIA