An ordinary meeting of Gazprom’s Board of Directors will convene on 22 February 2005, at 3:00 pm Moscow time. The meeting agenda will be as follows:

• Wholesale gas market
• Improving the Regulations governing independent gas producers’ access to Gazprom’s gas mains
• Approving the Guidelines for Gazprom’s corporate data disclosure
• Amending the Regulations on the preparation and submission of materials for Gazprom’s Board of Directors’ meetings

Issues relative to the approval of the transactions being at the Board of Directors’ discretion are planned to be addressed, as well.

DIVISION OF RELATIONS WITH MASS MEDIA