A regular meeting of the Gazprom Board of Directors will take place on May 18, at 9:30am Moscow time. The meeting agenda is scheduled to include the following items:

- Identification of the Gazprom annual General Shareholders Meeting time, venue and postal address for filled out voting ballots;

- Approval of the Gazprom annual General Shareholders Meeting agenda;

- the Gazprom annual General Shareholders Meeting Presidium and Chairman;

- List of information (materials) distributed among shareholders in the course of preparation for the Gazprom annual General Shareholders Meeting and disclosure rules;

- Rules of shareholders notification of the annual General Shareholders Meeting;

- Ballot format and wording for voting on the agenda items of the Gazprom annual General Shareholders Meeting;

- Gazprom draft Annual Report for 2008;

- Distribution of Gazprom net profit arisen within 2008;

- Recommendations on the amount of, time for and the form of payment of annual dividends on the Company’s shares;

- Gazprom (parent company) annual financial accounts for 2008 filed in accordance with the Russian legislation;

- Gazprom Board of Directors and Audit Commission’s remuneration;

- Results of the open tender among auditors to perform statutory annual audit of Gazprom in 2009;

- Progress in Gazprom’s strategy for liquefied natural gas (LNG) production and supply;

- Efficiency of Gazprom’s major financial investments in oil business based on the operational results for 2008;

- On Gazprom’s risk management system operation and the major risks faced by the Company under the conditions of the global financial crisis.