Participation in depository receipts programme

USD 185 million Trading volume with the ADR of Gazprom Neft in 2015
USD 174 million Trading volume on the IOB London Stock Exchange in 2015

American and Global Depository Receipt programmes continued throughout 2015 for the Company’s shares trading on the OTC market of the U.S., UK, Germany and other countries. One ADR is equal to 5 common shares of Gazprom Neft. The depository bank for the Company’s depository receipt programme is The Bank of New York Mellon.

As of the end of 2015, the total number of ADR issued for common shares was equal to 120 million shares (2.5% of the Company’s charter capital).

Trading volume with the ADR of Gazprom Neft totalled USD 185 million in 2015, including USD 174 million on the IOB London Stock Exchange, USD 2 million on the OTCQx and USD 9 million on other platforms in Europe (primarily in Germany).

Dynamics of ADR trading of Gazprom Neft, Russia FTSE IOB index and Urals oil prices in 2015, %
Source: LSE